From: john boyle 
Newsgroups: uk.finance uk.legal
Subject: Re: Home reversionary scheme
Date: Sun, 24 Aug 2003 19:23:32 +0100

In message , Ronald 
Raygun  writes
>James W. West wrote:
>
>> john boyle  wrote
>>>
>>> To own it jointly might make it still in the parents estate for IHT
>>> but could still bugger up the children's CGT if sold at a profit.
>
>But if the children owned, say, a 40% share and the parents a 60%
>share, then only 60% would be in the IHT estate and only 40% would
>be subject to CGT from date of purchase, and the rest only from
>date of inheritance.
>
True.


-- 
john boyle