Guidance on how to advise clients regarding gifts of property and transfers at undervalue
Gifts of property and undervalue transactions are the subject of increasing importance for conveyancers. Those proposing to make such dispositions are vulnerable to undue influence, especially because they would not receive full market value for the interest they thereby transfer.
How the conveyancer advises on such matters is crucial. During this webinar Stephen Desmond will discuss how to recognise when a client is at risk, what advice they are likely to require and how to handle the matter as sensitively as possible.
Topics considered include:
• Taxation issues that might be relevant, albeit outside the conveyancer’s expertise
• Fraud risks inherent in transactions at undervalue
• Right to Buy: tenant gifting the discount to a third party
• Transfer/trust deed and risk of bankruptcy or intention to avoid effects of bankruptcy
Do you want to continue your session?