treezbee
Joined: 7/21/2024
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RE: Gifting Property
If a mother gifts her house to her son, and then moves in with her son (no longer resides in said home) but dies within (less than) 7 years since gifting the house, will the threshold of any inheritance tax to be paid be £500,00 (as it would be if the mother died whilst still occupying the house) or would it be £325,000?