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gift tax relief and spouces

st1979 · 2012-02-22 21:43:17

Was wondering if any of you know what is the story about agricultural relief on a gift of farm land and farmhouse. If you qualify as a young trained farmer can you receive the gift in joint names with your husband/wife or tenants in common. Or does it have to be transfered only to the young trained farmer and held in their…

22-02-2012 9:43pm

#1

st1979

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Was wondering if any of you know what is the story about agricultural relief on a gift of farm land and farmhouse. If you qualify as a young trained farmer can you receive the gift in joint names with your husband/wife or tenants in common. Or does it have to be transfered only to the young trained farmer and held in their sole name for a period of years.

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