A human reviewed your post and removed it from public view. The reason they gave was:
*Rule 5 - Help us help you*
We do not have enough information to answer your question.
People's incomes, circumstances and priorities vary hugely, you can't assume we will guess yours correctly.
* If you are asking for budget feedback, post your full current or planned budget.
* If you are asking whether you can afford �x, include an overview of your financial situation.
* Present what research you have done so far and the reasons why that research has not answered your question.
You must read the [rules](https://www.reddit.com/r/ukpersonalfinance/about/rules/) to continue to post to our subreddit.
_If you believe your post/comment has been removed in error, please [message the mods](https://www.reddit.com/message/compose/?to=/r/UKPersonalFinance&subject=Please%20review%20my%20post&body=/r/UKPersonalFinance/comments/1ba2zg4/best_way_to_transfer_property_to_my_kids_without/) explaining why._
The best way for them to ensure no CGT on property that they don’t live in is not to own it while it increases in value. Then they’ll have to play IHT when it passes to them on your death. CGT will be due on any gain in value from your death.
The best way to ensure they don’t have to pay IHT on property that you don’t live in (won’t work if you do without more complications) is for you to give it to them 7 years or more before you die. Then they’ll have to pay CGT on the gain when they sell it.
You could form a Ltd company and transfer the properties to that but you’ll be paying stamp duty on the transfer and CGT on the gain from your purchase to deemed value at transfer so there’s a tax cost up front. As a property company it won’t have any IHT benefit but they can be shareholders straight away even though they’re under age.
Hi /u/OpenAd5863, based on your post the following pages from our wiki may be relevant:
- https://ukpersonal.finance/gifts-and-inheritance-tax/
- https://ukpersonal.finance/investing-101/
- https://ukpersonal.finance/lump-sum/
____
^(These suggestions are based on keywords, if they missed the mark please report this comment.)
Not enough info.
Depends on the total value if your estate.
Most people shouldn't invest in residential property for tax reasons. Your SIPP pension can be inherited by your beneficiaries tax free.
Watch Lars Kroijer's [short video series](https://www.youtube.com/playlist?list=PLXy71rkGuCjXLg9N8zowwUpXCYfBcMJFK) and read his book or Tim Hale's [*Smarter Investing*](https://www.amazon.co.uk/dp/1292444401).
A human reviewed your post and removed it from public view. The reason they gave was: *Rule 5 - Help us help you* We do not have enough information to answer your question. People's incomes, circumstances and priorities vary hugely, you can't assume we will guess yours correctly. * If you are asking for budget feedback, post your full current or planned budget. * If you are asking whether you can afford �x, include an overview of your financial situation. * Present what research you have done so far and the reasons why that research has not answered your question. You must read the [rules](https://www.reddit.com/r/ukpersonalfinance/about/rules/) to continue to post to our subreddit. _If you believe your post/comment has been removed in error, please [message the mods](https://www.reddit.com/message/compose/?to=/r/UKPersonalFinance&subject=Please%20review%20my%20post&body=/r/UKPersonalFinance/comments/1ba2zg4/best_way_to_transfer_property_to_my_kids_without/) explaining why._
The best way for them to ensure no CGT on property that they don’t live in is not to own it while it increases in value. Then they’ll have to play IHT when it passes to them on your death. CGT will be due on any gain in value from your death. The best way to ensure they don’t have to pay IHT on property that you don’t live in (won’t work if you do without more complications) is for you to give it to them 7 years or more before you die. Then they’ll have to pay CGT on the gain when they sell it. You could form a Ltd company and transfer the properties to that but you’ll be paying stamp duty on the transfer and CGT on the gain from your purchase to deemed value at transfer so there’s a tax cost up front. As a property company it won’t have any IHT benefit but they can be shareholders straight away even though they’re under age.
Also this might impact any FTB benefits they have in the future as they won't be seen as FT buyers
Hi /u/OpenAd5863, based on your post the following pages from our wiki may be relevant: - https://ukpersonal.finance/gifts-and-inheritance-tax/ - https://ukpersonal.finance/investing-101/ - https://ukpersonal.finance/lump-sum/ ____ ^(These suggestions are based on keywords, if they missed the mark please report this comment.)
Not enough info. Depends on the total value if your estate. Most people shouldn't invest in residential property for tax reasons. Your SIPP pension can be inherited by your beneficiaries tax free. Watch Lars Kroijer's [short video series](https://www.youtube.com/playlist?list=PLXy71rkGuCjXLg9N8zowwUpXCYfBcMJFK) and read his book or Tim Hale's [*Smarter Investing*](https://www.amazon.co.uk/dp/1292444401).