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Professional landlord planning makes it possible for the client's portfolio to be free of Inheritance Tax in three years; without triggering any charges to Stamp Duty or Capital Gains Tax and without having to remortgage. Furthermore, mortgage interest relief can be claimed against Corporation Tax. The process takes three years.
Sue and her son John had the legal power they needed to take control during this incredibly difficult time because they had the foresight to set up a Lasting Power of Attorney. Because her finances were uninterrupted, Sue made medical decisions on Alan’s behalf and had the freedom to make his life as comfortable as possible.