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It is not uncommon for there to be arrangements within a family or between friends with regard to property.
In those circumstances it is sometimes necessary for the different parties to have independent lawyers and independent legal advice.
We can assist to "drive the process" so that you are able to put your proposals in as sensible and reasonable a way as possible and for us to prepare the appropriate documents for you to give effect to your intentions.
Obviously we will give advice to you with regard to the necessary documentation which might well include deeds or documents to avoid gift duty (while gift duty still exists).
In this context note that the Government has signalled in late 2010 that it will abolish gift duty at the end of 2011. We can give you advice now about your circumstances and later if and when gift duty is abolished.
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