@medinaurfinancialadviser: Putting your home in a Trust won’t protect it from Inheritance Tax if you still live in it. (Unless you pay full market rent to the trust) If you benefit from the property, it’s classed as a Gift with Reservation meaning Inheritance Tax still applies. What a Trust can do is protect the property from divorce or family disputes, ensuring it passes to your children or loved ones as intended. If it’s your main home, Inheritance Tax still counts. If it’s not, a Trust ‘might’ make sense when your situation has been assessed. Disclaimer: This post is for information purposes only and is not personal financial advice. Seek regulated or professional advice before taking action.
so a trust is designed to help the rich not pay tax on properties they don't live in cause they have so many. gotcha. this needs to change
2025-10-12 11:52:57
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maggagal88 :
This is too much. You managed to buy a property, and you managed to give yourself the expense of putting it into a trust. To make it worthwhile for your kids, you now can't live in it if you want to avoid inheritance tax. Where do you live? Does that mean you rent a property to live in when you're retired? Six for one half dozen the other. Those with the means are able to make it right for their kids. I guess some of us will have to take the tax hit.🥰
2025-10-12 15:48:24
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Ricardo :
If I was to marry a non UK citizen would any IHT be applicable? TIA 🙏
2025-10-13 10:52:05
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Eu_highnice👑 :
Is insurance which has been put in a trust still liable for inheritance tax?
2025-10-13 07:53:24
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Priscilla Surveys :
What kind of tax do we have to pay if we move it into a trust?
2025-12-23 06:17:41
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Complicit & Compliance 🥂 :
what if you rent another property but have tenants in your owned home
2025-10-12 18:32:13
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user7362215298611 Samantha :
Interesting! How Can I give my daughter what is rightfully hers then without inheritance tax what about gifting how does that work please?
2025-10-13 07:54:29
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richard3446533 :
How about protecting from care home costs?
2025-10-12 11:31:20
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Femme Seychelloise :
can your children live in the property
2025-11-13 16:55:14
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Cᥫ᭡ :
So basically, putting it in a trust won’t stop the tax, what does?
2025-10-13 09:10:11
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lauraf :
My home is in a trust, owned solely by me and it is being taken into account during my divorce
2025-10-13 07:23:44
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Harry G :
I live in a property that is in a trust in mine and siblings name. Do i have to pay IT too.
2025-10-13 21:15:16
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Naomi Wallace :
How about for disabled children.?
2025-10-12 15:39:10
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Henry Peters27 :
Information is power
2025-10-13 08:06:01
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Ronin o spirit :
Do you hv to pay cgt when transferring to trust, which trust is it?
2025-10-12 21:52:00
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Flower :
Thank you so much from explaining this.
2025-10-12 18:05:24
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user2396841036746 :
nice one
2025-10-12 12:39:19
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Michael Grandison :
Can a benefitial of the trust live in the property if you choose not to live in it. Would inheritance tax apply?
2025-10-12 20:29:45
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EmmaL2528 🏴 :
Only if your Kier Starmer
2025-10-13 11:52:25
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TowerOfLondon :
So it’s a crime buying a house in the uk!!
2025-10-18 10:40:09
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2bulldog1 :
What if you still have a mortgage on the other property you don’t live in .
2025-10-13 15:38:18
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justinterested86 :
people need to vote for parties that will scrap IHT
2025-10-13 22:05:49
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Harry G :
isnt there a 7 year rule?
2025-10-13 21:17:57
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emmajdm :
How can you avoid care home fees when you own a house?
2025-10-13 19:17:01
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commontuch :
So if you have rentals can you put them into a trust?
2025-10-12 22:08:39
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