Estate Planning - Property transfers CGT minimisation

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Richard50

Member
27 July 2023
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Hi,

We have a question relating to estate planning – my father owns a number of commercial properties in his personal name and in various vehicles:

  • 2 x properties in personal name (1 leasable building and 1 carpark for this building)
  • 2 x vacant blocks (commercial) in 50% personal name and 50% company
  • 1 x commercial property in company name
The question is what is the optimal way to bequeath these properties so to minimise/avoid any CGT and/or other tax implications on transfer after his death whilst also protecting the best possible way from will or estate challenges?

I can provide more details if required.

Many thanks.

Richard