I am 55 and have a portfolio of 7 properties.
As part of my retirement planning, I am trying to achieve the following:
- I want my daughter to inherit the portfolio with minimal work, and minimal inheritance tax.
- My daughter won't be able to manage the portfolio but I want her to receive the income from it. That implies that I have to hand over management of the portfolio to someone else.
I have been trying to find an IFA that understands property, but so far I have been unsuccessful. Ideally I need an IFA in the Beds/Bucks area so that we can meet up.
Want to read more?
This is a members only forum, if you want to read more you need to login to your membership, if you are not a member, click here to join.