Thanks for your replies Melanie in answer to your question in regards to the will, he wants to avoid the taxes and hence does not feel a will is needed if he completes all the transfers in the next few weeks Just to let you know my dad is only 52 so hopefully he has many more years to go If you was ...

thats correct - but was just unsure if i had to tell my ip

Thanks for the replies.

My dad is wanting to avoid the tax and avoid having to write a will.

If the property was put on my name would I have to tell my IP and would my IVA not continue as my debt was £60,000 in total and the property is worth £120,000+

thanks will wait for a reply.

Hi there, I have a problem that I need help with please I have been in an IVA for over 1 year now and all is going along ok My dad has decided he wants to transfer a house worth aprox £120,000 into my name - The property will not be mine as long as he is alive, but he feels he just wants to avoid an...