From: robertmlaws@yahoo.com (Robert)
Newsgroups: uk.finance
Subject: Re: Leaving a House....
Date: 3 Jun 2004 05:14:55 -0700

john boyle  wrote in message news:...
> In message <98e4301c.0406010652.10b2c693@posting.google.com>, Jennifer 
>  writes
> >Thanks again to all the advice. The house talking has got me thinking
> >about another question....my Father wants to leave me the house (to
> >myself and my sister). My Mother is deceased - what's the best wat to
> >do this...put our names as co-owners of the house now or just leave it
> >to us?
> >thanks,
> >Jen
> 
> Sop long as his estate is less than £263k then leave it to you.

He can change his mind about his will at any time. He might later
decide not to leave it to you after all.  Once you are a co-owner he
can't change his mind and leave it to someone else.

Watch out for capital gains tax on your share of the house if he does
give it to you.

Robert