• Assignment Of Part Of Equitable Interest In A Property

    By Guest on 05th Apr 2016

    My son owns the legal estate in a property; at purchase I provided half the money and he and I entered into a Declaration of Trust whereby we own half the equitable estate each. We are now selling and so half the proceeds of sale will come to me. There will be a considerable CGT bill and so I want to gift 75% of my half share of the equitable estate to my wife so as to be able to use her CGT exemption as well as mine. Where do I find a precedent for the deed of assignment?

  • 4 Answers

    By Guest on 06/04/2016

    I'm afraid you might need to speak to an expert in tax planning, though I invite comments from anyone else

  • By Guest on 06/04/2016

    My question has nothing to do with tax planning - I know that what I want to do is both legal and effective. My question is where do I find the precedent for the deed of assignment; Can you answer it please - pretty simple stuff - I thought you were supposed to be experts in conveyancing.

  • By Guest on 06/04/2016

    What a rude message! Considering that you are asking a stranger to do something for you for nothing it's amazing that you would be so obnoxious. Since it is apparently so simple I suggest you work it out for yourself or else pay someone.

  • By Guest on 06/04/2016

    There seems to be some misunderstanding. I had no idea I was asking someone to do something for nothing. I thought I was coming to a site which provided free conveyancing advice - but I'm not after free advice.All I am after is a source for a precedent for an assignment by way of gift - which source I obviously expect to pay.

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