Should I transfer my half of our house to my estranged wife? - The Financial Times

Julie Man, Partner in the Russell-Cooke Solicitors, private client team.
Julie Man
1 min Read

"My wife and I separated in December last year and are dividing assets as part of our divorce. We agreed I will transfer my half share in the family home to her so she can sell the property to pay her legal fees and purchase somewhere more convenient to live. She will transfer to me her shares in the family business that my father started. This makes sense in terms of our personal circumstances, but does it make sense in terms of our tax liabilities?"

Russell-Cooke partner answers a reader's question in The Financial Times and explains that the tax position of a divorcing couple depends on many factors.

Should I transfer my half of our house to my estranged wife? is available to read on the Financial Times website via subscription.

Our private client team advises families and individuals on all aspects of private client law including wills, estate planning, administration of estates, trusts and powers of attorney.

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