This is an area that far too many people overlook and it is crucial to ensure that the property is owned in the right way, and that via a Will and Estate Planning the assets are protected for the benefit of the family.
Ask yourself the following questions:-
Do I know the difference between Joint ownership & tenants-in-common ?
Do I understand the potential liability my estate will incur for Inheritance Tax?
Do I want to ensure my estate doesn’t have to sell my assets to meet my tax liabilities on my death ?