Hogweed

Thank you so much for replying. Unfortunately, I'm still struggling - this sort of thing is my mental Achilles' Heel... So I'm not talking about inheritance, really, just if I give a large gift (say £100,000) to my daughter after I inherit the remaining half of my mother's house. As that would be a simple gift from me to my daughter, nothing to do with inheritance, I'm assuming it would be taxable, so she'd lose a lot of it? Hope I'm making myself clearer than perhaps I did initially. Me inheriting the remaining half of my mother's estate, and my giving money to my daughter from the subsequent sale of the house, would seem to be entirely separate transactions - whereas, if my mother changed her will to leave her half of the property directly to my daughter, presumably there would be no question of tax liability? Sorry if I'm being thick here :-(

Good morning – my parents owned their house as Tenants in Common, with each leaving their half to me in their will. My father died 3 years ago, so I now own half the house, as I understand it. My mother is very elderly, so I'm giving some thought to inheritance when she dies. Ideally, I’d like at least half of the house to go to my daughter. As things stand, obviously I can inherit my mother’s share, sell the house, then pass either half or all or whatever to my daughter, but I think there would be tax implications for her, especially if I die within 7 years? It’s occurred to me that my mother could change her will to leave her half of the house directly to my daughter – would this remove any tax liability from her? Sorry, but I really struggle to understand this stuff, despite having devoted many hours to reading about it ☹ Thanks