The above information is not intended to scare you away from gifting your property to a loved one. Yet you should take the time to explore all the possible options – and the consequences of each. This will allow you to make an informed decision about what it best for you and your family.
If you decide that you do want to gift your property, then you can do so with a Voluntary Deed of Transfer. You will need to speak to a solicitor who deals with a change in property ownership (such as the solicitors here at Gibson & Associates). The person receiving the property will also need to get legal advice. You cannot have the same solicitor; you must each get independent legal representation.