GIFTING A HOME TO A CHILD FOR LOWER INHERITANCE TAX?

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DoeHetZelfNotaris

Published on Jun 4, 2021
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You want to donate your home to your child. Is that possible? What should you pay attention to? https://www.doehetzelfnotaris.nl/woni... Many people want to donate their home to their children. They hope to pay less inheritance tax that way. Is that possible? Yes, you can always give away everything you own. There are a few things you need to pay attention to when it comes to the home. Are you the 100% owner of the home? So there is no longer a mortgage on it. Because if there is a mortgage on it, you cannot donate it. You also need to think carefully about how things will continue. Are you going to continue living there? Then you still have a lot to arrange. Also remember that gift tax must be paid on gifts in the Netherlands. The advantage of donating your home to your children at an early age is that all the increase in value goes to your children. But the disadvantage is that what you have donated is no longer yours. Dictionary of DoeHetZelfNotaris: Words in the video that you may want to look up. Inheritance tax: https://www.doehetzelfnotaris.nl/uitl... Land Registry: https://www.doehetzelfnotaris.nl/uitl... Transfer tax: https://www.doehetzelfnotaris.nl/uitl... Gift tax: https://www.doehetzelfnotaris.nl/uitl... Just to be clear. This video was made for the Netherlands. So it's about Dutch law. That can differ greatly from Belgian law. Credits: Director: Arjan Kindermans https://www.anderlicht.org Presentation: mr. Pablo van Klinken https://www.notarian.nl / pablovanklinken Film and Editing: Marco Miceli / marcomicelivideoproducent

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