{"id":10328,"date":"2015-04-23T13:00:00","date_gmt":"2015-04-23T06:00:00","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-i-reduce-my-daughters-inheritance-tax-bill\/"},"modified":"2016-04-10T16:13:51","modified_gmt":"2016-04-10T09:13:51","slug":"how-can-i-reduce-my-daughters-inheritance-tax-bill","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-i-reduce-my-daughters-inheritance-tax-bill\/","title":{"rendered":"How can I reduce my daughter&#039;s inheritance tax bill?"},"content":{"rendered":"<p>&#013;<br \/>\nI am worried that my daughter, who is a student, will not be able to stay in our \u00a3500,000 home due to the inheritance tax she will have to payQ I am a single parent with one daughter aged 21 who is in her second year of a six-year architects\u2019 training course at university. I have recently been diagnosed with terminal cancer and have about 12 months left.I own a small house in London worth about \u00a3500,000, which is my daughter\u2019s home. My worry is that before she is able to support herself she will lose her mum and her home at the same time. With regards to paying inheritance tax, is there anything that can be done that would allow her to remain in her home until she has completed her training? JH Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"http:\/\/www.theguardian.com\/money\/2015\/apr\/23\/how-reduce-my-daughter-inheritance-tax-bill\" target=\"_blank\">How can I reduce my daughter&#8217;s inheritance tax bill?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; I am worried that my daughter, who is a student, will not be able to&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-10328","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-2GA","jetpack-related-posts":[{"id":109226,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-can-we-reduce-inheritance-tax-on-my-mothers-property\/","url_meta":{"origin":10328,"position":0},"title":"How can we reduce inheritance tax on my mother&#039;s property?","date":"July 22, 2019","format":false,"excerpt":"\r My sister and I would like to be joint owners of my mother\u2019s house to reduce liability on her estateQ Would I, together with my sister, be able to become a joint owner of my mother\u2019s property so that the house wouldn\u2019t be counted as part of her estate\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10182,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tories-1m-inheritance-tax-break-aimed-at-wealthier-households\/","url_meta":{"origin":10328,"position":1},"title":"Tories\u2019 \u00a31m inheritance tax break aimed at wealthier households","date":"March 17, 2015","format":false,"excerpt":"\r Sensitive papers reveal plans that would allow parents to pass a main property worth up to \u00a31m to their children without paying any inheritance taxGeorge Osborne has drawn up plans that would allow parents to pass a main property worth up to \u00a31m to their children without paying any\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10672,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-how-much-how-you-pay-it-and-how-to-reduce-it\/","url_meta":{"origin":10328,"position":2},"title":"Inheritance tax \u2013 how much, how you pay it, and how to reduce it","date":"February 4, 2013","format":false,"excerpt":"\r Inheritance tax (IHT) becomes an issue when someone dies. It is a one-off tax paid on the value of the deceased's estate above a set threshold \u2013 currently \u00a3325,000.The tax is set at 40% of any value over that threshold, reduced to 36% if more than 10% of the\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cutting-inheritance-tax-now-exposes-a-warped-sense-of-priorities-rachel-reeves\/","url_meta":{"origin":10328,"position":3},"title":"Cutting inheritance tax now exposes a warped sense of priorities | Rachel Reeves","date":"March 1, 2017","format":false,"excerpt":"\r This plan to help the wealthiest will entrench the north-south divide. Philip Hammond should dump it and channel the money to early years childcareThere is nothing certain in the world except death and taxes, according to the old proverb. But, unless the government sees sense, we could soon find\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":24212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dukes-and-other-super-rich-are-not-the-only-ones-who-can-reduce-death-duties\/","url_meta":{"origin":10328,"position":4},"title":"Dukes and other super-rich are not the only ones who can reduce death duties","date":"August 28, 2016","format":false,"excerpt":"\r While attacked as a way to avoid inheritance task, setting up a trust is a legitimate form of financial planning which is available to anyoneWhen the 6th Duke of Westminster died this month, his son Hugh Richard Louis Grosvenor took on not just his father\u2019s title but also an\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":21324,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/house-prices-lift-inheritance-tax-receipts\/","url_meta":{"origin":10328,"position":5},"title":"House prices lift inheritance tax receipts","date":"July 29, 2016","format":false,"excerpt":"\r Estates in London and South East responsible for nearly half the annual IHT bill\r \r Source : ft.com\r Read more...House prices lift inheritance tax receipts","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10328"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=10328"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/10328\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=10328"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=10328"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=10328"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}