Gifting Property & Deed of Gift
At Bell Lamb & Joynson, our specialist gifting property solicitors assist with executing a Deed of Gift to transfer your property. We provide clear, straightforward advice as part of our trusted estate planning services.
Are You Considering Gifting Property?
Gifting assets such as a house, cash, shares, or a valuable item can be useful in estate planning and a way of supporting loved ones during your life. However, if you’re considering gifting property or other assets, it’s important to seek legal advice to understand the implications and avoid any pitfalls.
We manage the transfer of your property to ensure your rights and interests are protected, whether you’re gifting it to your children, spouse, relative, or a limited company. We also offer additional advice on trusts and wills, taxes, property law, and more.
Your Reliable Gifting Property Solicitors
- Award-winning firm
- Over 200 years of experience
- Dedicated team of experts
- Full range of estate planning
- Trusted Deed of Gift advice
- Fast communication
- Protecting your rights and interests
How Gifting Property Works
Contact Our Gifting Property Solicitors Today
At Bell Lamb & Joynson, we have a team of highly experienced gifting property solicitors. We can complete your Deed of Gift to ensure it’s legally valid and worded correctly, while providing trusted legal advice and support on the associated tax implications. As the tax consequences can be significant, working with a reliable property solicitor when completing your Deed of Gift is important.
For more information, please contact our gifting property solicitors today.
Deed of Gift FAQs
How much does a Deed of Gift cost in the UK?
The cost for a Deed of Gift varies depending on the complexity of your situation and the amount of advice you require. Our team will calculate the overall cost based on these factors and offer transparent, competitive advice and prices. Call our gifting property solicitors on 03444 124348 to discuss more accurate fees.
Do you pay tax on a Deed of Gift?
Yes, you may have to pay tax on a Deed of Gift. For example, Capital Gains Tax (CGT) may be payable if the asset has increased in value, and Inheritance Tax (IHT) may be payable if you die within seven years and the gift is chargeable.
How do you make a Deed of Gift?
To make a Deed of Gift, you must:
- Decide what you want to gift and to whom
- Seek legal advice from a gifting property solicitor
- Have your solicitor draft your Deed of Gift to avoid inaccuracies
- Sign the document with a witness, who must be an independent adult
- Complete Land Registry transfer forms to register the new ownership
Do I need a solicitor for a Deed of Gift?
You do not legally need a solicitor for a Deed of Gift, but it's strongly advised. Gifting property solicitors ensure the validity, assist with property transfers and relevant forms, and advise on tax implications to prevent issues.
Are your Deed of Gift solicitors near me?
Yes, our Deed of Gift solicitors are near you! Our main office is in Liverpool, but we are not limited to this area. Our services are available to individuals across the country thanks to our modern systems, email, and telephone communications. No matter where you are, we can help.