The Gibson & Associates’ specialist legal team can advise upon all aspects of asset protection, probate, trusts and wills. Our comprehensive service ensures your assets will be protected and not diminished by substantial tax bills.
We will suggest how best to dispose of family shares and other assets at a low tax cost, implementing an estate planning strategy that works best for you.
Our dedicated solicitors will advise on all aspects of voluntary transfers, giving careful consideration of this matter in relation to:
- Capital acquisition tax
- Capital gains tax
- Stamp duty
- Various reliefs and exemptions that may be available
Alternatively, if you are concerned about previous lifetime disposals that have been made by a loved one, or you are facing a challenge from another relative, we can help you to find a suitable solution for the dispute. This includes advising you of your legal rights and proposing the best course of action.
What is a voluntary transfer?
Voluntary transfer refers to the transfer of property by one person to another without any compensation and without any obligation of an agreement or contract. The individual who transfers the property is called the donor and the one who receives the property is called the donee.