G
gt500
Guest
My Father died in 1969, my mother died in 2001 both died without leaving a will the last registered owner on the land was my Granfather. 2 of my brothers are looking to apply for first registeration. One built a new house on the farm in 1985 & our mother lived with him till her death in 2001. The other brother built his house the same year.
Basically 2 brothers have houses on the lad & 2 brothers are looking for sites that my brother is giving them when he has the land registered. They have been told about all the taxes Gift tax, inheritance tax & capital gains tax. 2 have signed away any rights to anything (I am one of them).
The problem is we had to change solictors due the the orignal one leaving with ill health he has put a junior on the case.We dont really understand what he is doing. We understand the 2 brothers paying the taxes when the receive the gift from my brother. But what have the 2 brothers to pay when they lived on the land before our mother died? He is talking about inheritance tax for them but they built the houses themself? One only lives on a half acre site the other will recieve the rest of land which is only 4 acres.
Basically 2 brothers have houses on the lad & 2 brothers are looking for sites that my brother is giving them when he has the land registered. They have been told about all the taxes Gift tax, inheritance tax & capital gains tax. 2 have signed away any rights to anything (I am one of them).
The problem is we had to change solictors due the the orignal one leaving with ill health he has put a junior on the case.We dont really understand what he is doing. We understand the 2 brothers paying the taxes when the receive the gift from my brother. But what have the 2 brothers to pay when they lived on the land before our mother died? He is talking about inheritance tax for them but they built the houses themself? One only lives on a half acre site the other will recieve the rest of land which is only 4 acres.