IHTM15011 - Joint property: What is joint property?
바카라 사이트˜Joint property바카라 사이트™ is a common term for arrangements under which the beneficial entitlement (IHTM04031) to property is shared between two or more people. Usually the property will be held in the joint names of these people. But, sometimes property may be held in someone else바카라 사이트™s name as a trustee or nominee for the people who share the beneficial entitlement to the property.
A person바카라 사이트™s beneficial entitlement to property may also be referred to as their beneficial interest in that property.
A person who is beneficially entitled to a share in joint property may sometimes be referred to as being a beneficial owner (IHTM04031) of that property.
Before you can consider the Inheritance Tax provisions (IHTM15012), you need to know