Latest news with #propertytransfer
Globe and Mail
a few seconds ago
- Business
- Globe and Mail
Houston Wills Attorney Whitney L. Thompson Offers Insight on Inheriting Property Without Probating a Will
For families navigating the legal complexities of inheritance, knowing when probate is necessary can make a critical difference. Houston wills attorney Whitney L. Thompson ( of The Law Office of Whitney L. Thompson, PLLC, offers important guidance for Texans wondering if they can inherit property without undergoing the full probate process. In her article 'Can I Inherit Property Without Probating a Will?', Houston wills attorney Whitney L. Thompson clarifies that not all property transfers require formal probate. 'The truth is, there are situations where probate isn't required,' she writes, explaining that assets such as jointly owned property, accounts with named beneficiaries, and those held in a trust may be transferred without court involvement. Houston wills attorney Whitney L. Thompson emphasizes that understanding whether an asset is classified as 'probate' or 'non-probate' is the first critical step in determining how property will pass. Probate assets, like real estate titled only in the deceased's name or accounts with no beneficiary designation, require a court-supervised process to transfer ownership. In contrast, non-probate assets are designed to transfer automatically upon death, allowing families to bypass the court system altogether. Still, Thompson cautions against assuming that a valid will eliminates the need for probate. In Texas, a will holds no legal authority until it is admitted to probate by a court. 'A will is just a piece of paper until it's probated,' she explains. Without court validation, even clearly expressed wishes in a will cannot be legally enforced, and ownership of titled assets remains frozen in the name of the deceased. For those who delay, there is a crucial deadline: Texas law requires that a will be probated within four years of the decedent's death. Missing this deadline can lead to serious consequences, including the loss of inheritance rights and a reversion to state intestacy laws that distribute assets according to a fixed statutory formula. However, a narrow statutory exception allows for late probate filings if the applicant can prove they were 'not in default,' a standard that requires case-specific evidence and court approval. In addition to explaining the risks of failing to probate, Thompson outlines several tools that Texans can use to inherit property outside of probate. These include the Muniment of Title, a simplified process that allows courts to admit a will without appointing an executor; the Small Estate Affidavit, which is designed for modest estates with limited assets; and the Affidavit of Heirship, used primarily to establish title for real property when no will exists. Each method comes with specific eligibility requirements and limitations. For instance, Muniment of Title is only available when the estate has no unsecured debts and no outstanding Medicaid recovery claims. Likewise, the Small Estate Affidavit is capped at estates valued under $75,000, excluding exempt property such as retirement accounts and household items. Thompson also highlights that proactive planning is the most effective way to avoid probate altogether. Instruments such as revocable living trusts, Transfer on Death Deeds (TODD), and Lady Bird Deeds enable property to transfer automatically upon death. These tools not only streamline the inheritance process but also provide privacy and flexibility. Even when a valid will exists, certain financial institutions may still require a full probate process before releasing assets. As Thompson notes, 'Some banks or financial institutions may still require formal probate documents, creating practical hurdles despite the legal validity of the affidavit'. Her approach to wills and estate planning combines clarity with compassion. Drawing from her experience and commitment to family-centered legal service, Thompson offers readers a realistic view of their options, especially during emotionally difficult times. Her emphasis is not just on legal compliance but on helping families avoid confusion, disputes, and unnecessary expenses. Many people dealing with the death of a loved one are already overwhelmed. Adding legal complications can make the grieving process more difficult. Thompson and her team at The Law Office of Whitney L. Thompson, PLLC, strive to make estate planning and probate navigation understandable and manageable. Navigating probate laws in Texas requires more than general information—it calls for practical advice tailored to individual situations. Families unsure about whether probate is necessary, or who are looking for ways to transfer property efficiently and lawfully, can benefit from understanding their full range of options. Those with questions about probate, inheritance rights, or estate planning tools are encouraged to seek legal guidance. Whitney L. Thompson is available to help clients review their situation and take the necessary steps to protect their family's future. About The Law Office of Whitney L. Thompson, PLLC: The Law Office of Whitney L. Thompson, PLLC serves clients throughout the Houston area in matters related to wills, probate, and estate planning. Led by attorney Whitney L. Thompson, the firm focuses on helping individuals and families make legally sound decisions that support their long-term goals and provide peace of mind. Embeds: GMB: Email and website Email: info@ Website: Media Contact Company Name: The Law Office of Whitney L. Thompson, PLLC Contact Person: Whitney L. Thompson Email: Send Email Phone: (281) 214-0173 Address: 4201 Farm to Market 1960 Rd W Suite 360 City: Houston State: Texas 77068 Country: United States Website:
Yahoo
6 days ago
- Business
- Yahoo
Erie City Council unanimously OK's zoo property transfer to Erie Events. What it means
Erie City Council has unanimously signed off on transferring just shy of 100 acres of city-owned property, including the Erie Zoo, to Erie Events as part of a long-range plan to help the financially-struggling zoo. Council signed off on a resolution approving the transfer at its regular meeting on Aug. 6 in the Bagnoni Council Chambers at City Hall, following more than an hour of public comment about the issue. Prior to the start of the meeting, City Council members agreed to shelve another zoo-related resolution, one that proposed pledging city support of at least $500,000 a year for the zoo moving forward. Council members, in their pre-meeting caucus, decided to pull that resolution from the agenda because there was not enough support on the seven-member panel for it. Councilmember Tyler Titus, the panel's liaison to the zoo, said prior to council's vote that the city 'is in no position to be able to meet the zoo's needs. Nor should we try. 'I do not think Erie Events has an easy road ahead of them on this,' Titus said. 'But I think this resolution puts us in the best position.' Council's vote now allows the city, zoo officials and Erie Events to finalize a new arrangement regarding zoo operations. Zoo officials had stressed urgency in recent weeks because of the zoo's precarious financial condition. In a letter to Erie Mayor Joe Schember dated Aug. 1, zoo officials gave formal notice of their plans to terminate a zoo management agreement that's been in place since 1964. The letter, signed by Erie Zoo CEO Melissa "Roo" Kojancie and Jeffrey Beach, chairman of the Erie Zoological Society, sets Aug. 1, 2026, as the formal termination date for that agreement. Zoo officials had also said publicly that absent a new arrangement regarding zoo operations, they would begin to slowly shut down the zoo and have animals transferred to other facilities. Gus Pine, Erie Events' executive director, attended City Council's meeting. Asked about the vote, Pine said: 'Honestly, I'm even more happy as a citizen of this community. If the zoo goes away, it's a hit to our morale as a community. It's the type of amenity that is critical to attracting businesses and our quality of life. I'm really pleased that we could collaborate and make this happen.' A proposed new agreement Both resolutions were proposed as city officials, Erie Events and zoo officials are working to come up with a solution to the zoo's financial crisis and create a plan for managing the zoo moving forward. Officials from Erie Events — which owns and operates the Warner Theatre, Bayfront Convention Center, UPMC Park and two bayfront hotels — have said the organization is willing to provide $500,000 a year in operating income and serve as a partner to stabilize zoo operations. In exchange, both zoo officials and Erie Events asked the city to transfer ownership of the zoo, Glenwood Golf Course, Flo Fabrizio Ice Rink and Glenwood Park to Erie Events. The agreement, in total, involves 96 acres of property. The resolution council approved Aug. 6 does that, with various conditions/restrictions on how the property can be used. Those restrictions include: Erie Events must commit to providing a $500,000 yearly payment to the zoo. Erie Events 'shall maintain a zoo on the property.' Erie Events must commit to maintaining a nine-hole golf course within those 96 acres, and the city would continue to operate the course. Erie Events would lease the golf course back to the city for free. Erie Events is prohibited from selling or transferring 'any portion of the property without the approval of the city of Erie.' Erie Events may not sell or transfer ownership of any portion of the Property without the approval of the City of Erie. If Erie Events fails to maintain a zoo and a golf course on the property, 'ownership of the Property shall revert back to the City of Erie.' The city would continue to operate Glenwood Park's picnic grounds and horseshoe courts, which Erie Events would lease back to the city for free. Erie Events will take over operation of the Flo Fabrizio Ice Center. Utility costs and insurance for all 96 acres would become the responsibility of Erie Events. During the citizen comment portion of City Council's meeting, a number of people, including current Erie Zoo employees, asked council to help ensure the zoo's long-term future by transferring control of the property to Erie Events. One of those who spoke was Darren Julius, a zookeeper at the Erie Zoo for the past eight years. Julius said the zoo creates more than $21 million in annual economic impact for the city, and it supports and sustains more than 200 city jobs, according to a 2022 zoo study. Transferring property to Erie Events, Julius said, makes sense in terms of tourism. 'Erie Events is much more sustainable,' said Julius. 'We've seen what they've done with the Warner Theatre and all the properties that they manage.' City Council reacts Council President Mel Witherspoon said he initially intended to vote 'no' on the Erie Events resolution, because he was wary of giving up city-owned property. 'I don't believe this is a good business deal, from a business perspective,' Witherspoon said. However, discussing the issue with his colleagues convinced Witherspoon that Erie Events' involvement was best for the zoo's long-term sustainability moving forward. Councilman Ed Brzezinski seconded that sentiment. Brzezinski said "we had to come to some kind of conclusion' regarding the zoo, and direct city funding regarding the zoo was not the answer. The property transfer and a collaboration with Erie Events, Brzezinski said, makes the most sense. 'Let's give it to the pros,' Brzezinski said. Councilwoman Jasmine Flores said the zoo is a community asset that other municipalities should also support. 'It is a regional asset and the county should help support (it),' Flores said. 'We know that everyone uses the zoo… I think it's going to be time that we find ways to make sure that everyone's paying their fair share for these amenities.' Councilwoman Kathy Schaaf agreed. 'I really think it does take a community collaboration… All of our surrounding municipalities really should invest in the zoo as well,' Schaaf said. Contact Kevin Flowers at kflowers@ Follow him on X at@ETNflowers This article originally appeared on Erie Times-News: Erie Zoo: City council approves land transfer to Erie Events Solve the daily Crossword
Yahoo
25-05-2025
- Business
- Yahoo
Discover the latest homes changing hands in Lexington area
This is a summary of recent property transfers in Fayette, Bourbon and Scott Counties. 327 Bassett Ave, Thomas Cynthia Suzanne to Zarvas Chris and Sarah, $518,500 312 Culpepper Rd, Stallard Terri Trustee to Stanley Zachary D and Karolyn, $1,100,000 3628 Hidden Pond Rd, Mobley Rebecca S and Terry B to Stone Stephen W and Leslie P, $1,100,000 101 Idle Hour Dr Unit 3, MNKH LLC to Mobley Rebecca S, $1,400,000 428 Lakeshore Dr, Katko Jennifer Lawrence Ttee to Dalton Lisa and Andrew, $847,025 1404 Lookout Cir, Durachta Susan L to Blake David Collins and Sara Mayes, $727,000 677 Mt Vernon Dr, Starlight LLC to 677 Mt Vernon Drive LLC, $670,000 2185 Taborlake Pt, Cox Lucy to Hays Seth and Ashley, $684,000 3140 Arrowhead Dr, Moore Jennifer E to Petersburg Nathan T and Lisa D, $485,000 216 Forest Park Rd, Lexington Preferred Properties LLC to Lozano Richard L and Amy C, $390,000 3025 Lappin Ln, Polisetty Nanda & Anantha L to Bramel Alli Robic and Taylor, $395,000 3513 Pepperwood Pl, Wilson Frank E to Aloysius Ajoy, $280,000 255 Shady Ln, Carter Margaret Gayle Sharp to Wilcox Jared Thomas, $900,000 514 Springhill Dr, Hafner Erin Patricia & Paul O'Brien to Cornett Davis Steele, $415,000 1660 Chandler Ln, Hall Howard Keith to FFGFG LLC, $285,000 943 Lily Dr, Schmitz Richard and Deborah to Baumann Morgan, $335,100 342 Waller Ave Unit 2B, Stewart Teresa Ann to T M Rudd Co LLC, $94,000 136 N Broadway Park, Chaney Amber Deann to Graley Devin, $261,000 1601 Clayton Ave, Wise Stephen to Haffermann Robert, $200,000 1884 Dalton Ct, Morton Lawrence M and Hope T to Lexington Land and Realty LLC, $259,900 1319 N Limestone, Lopez Properties Mah LLC to Cordero Mario Cordero, $295,000 537 Lisa Dr, McFadden WM E & Hazel to Kentucky Real Estate Buyers LLC, $140,000 537 Lisa Dr, Kentucky Real Estate Buyers LLC to Altitude Investments LLC, $154,000 1104 Meadow Ln, Ingram Mary Darlene to Is Realtor Kentucky Inc, $128,000 164 Winston Ave, Wallace Ollie Jr & C S to Wallace Brandon Scott, $240,000 121 N Martin Luther King Blvd, Anderson Lindsay and James to Steen Marnie, $270,000 531 Boonesboro Ave, Garry Milton Real Estate Inc to Davis Benjamin, $520,000 220 Cedar St Unit 207, Foster Clifton & Tina S to Ahmad Aleena Syed, $370,000 342 Chestnut St, A Zahed Properties LLC to Joseph Scott Properties LLC, $316,500 429 E Fourth St, A Zahed Properties LLC to Joseph Scott Properties LLC, $316,500 410 E Sixth St, A Zahed Properties LLC to Joseph Scott Properties LLC, $316,500 333 S Upper St Unit 103, Mayer Solomon V to Ryan Matthew TTEE, $350,000 693 Andover Village Pl, Shuck Timothy J & K M to Santamaria Ingrid Fernandes Mathi, $492,900 2517 Carducci St, Brown Dog Properties LLC to Phan Son Van, $645,000 441 Chelsea Woods Dr, Brown Shelby Ellen to Hightower Wells Laurel Devin, $259,000 1637 Cornelius Trce, Nelson Wesley Dean to Nelson Brian Ttee, $640,500 2502 Knightsbridge Ln, George Tanner to McPherson Ashlei, $195,000 1211 Twilight Shadow Dr, Disimile Christopher R to Williams Thomas J Jr, $560,000 1876 Barksdale Dr, Caycam Properties Inc to Mejia Juan Manuel Mendoza, $195,000 2669 Trailwood Ln, Raynolds Properties LLC to Loar Ryan Mikail, $275,000 956 Winding Oak Trl, Stivers Nathan & Rebekah to McBeath Anna Schafer and Christia, $382,500 1309 Cordele Ln, HE Chunyan to Herceg Dorian and Amanda, $1,100,000 4048 Daisy Hill Ln, Zhang Qing to Yegge Pamela and Paul, $522,000 2337 Dogwood Trace Blvd, Zhou Jian to Davis Lucian II and Anita, $455,000 3866 Pine Ridge Way, Taylor Gregory A and Emiliana A to Badathala Kamalesh Kumar, $242,000 1720 Twain Ridge Dr, Parkhill Cynthia to Faraj Ali Jamal, $390,000 4180 Weber Way, Burton James L to Burton Bailey M, $200,000 973 Wyndham Hills Dr, Massie Elizabeth Anne to Wheeler Alexander Burton, $295,000 233 Bittersweet Way, Su Luyi to Spence Sue Ann, $365,000 445 Madison Point Dr, Keller Jason Craig and Laura Beth to Bazzell Jay and Julie, $650,000 5670 Old Richmond Rd, Mitchell Jeremy Douglas TTEE to Carroll Justin B, $1,700,000 1595 Summerhill Dr, Ball Realty Investments LLC to Smith Alexandria Grace, $236,000 313 Turfway Dr, Graham James E to Connor Teara, $175,900 1077 Armstrong Mill Rd, Leskiv Vasil to Smith Family Ventures LLC, $235,000 3455 Elmendorf Cir, GFY Holdings LLC to CSA Investments LLC, $275,000 1268 Merman Dr, Wafford & Wafford to German Nathanael Bradford and Ca, $235,000 397 Plainview Rd, Cunningham Jack R & Laurie J to Rolek Kristofer and Jacqueline, $363,000 395 Redding Rd Unit 154, Keshtvarz Sara to Chaffee Sylvia, $225,000 395 Redding Rd Unit 87, Carroll Phillip to Brown Patricia M, $175,000 1525 High Street, Frances Duncan to Christelle Naumann, $175,000 129 Woodmont Drive, Robert O'Neal to Billy Rudd, $237,000 413 Parkside Drive, Sara Watts to Joseph and Heather Sparks, $200,000 138 Austerlitz Road, SM&K Home Improvements LLC to James Schanding, $80,000 1144 Hill Road, Gary Ammerman to Christine Pasko, $850,000 314 Creekview Drive, Adam and Ashley Beatty to Clifford and Jennifer Tharp, $235,000 621 Clintonville Road, Kelly Hudson to Roberta and Joseph Mullins, $325,000 335 Houston Creek Drive, Elizabeth Thomas and Brianna Thomas to Florian Moreno, $212,000 168 Park Place, Eric Dale and Tonia Dale to Billy Rudd, $183,000 105 Golden Leaf Circle, Chase Dabney and Gary Dabney to Damon Piatt and Kelly Hudson, $455,000 136 Woodmont Drive, Grant May and Kelly May to John and Brianna Plummer, $450,000 1820 Brent Road, BF Properties LLC to Sarah Starr, $145,000 775 Escondida Road, Peter Dailey III to Shane and Rachel Scallan, $285,000 1511 Cypress Street, Ray and Anna Baber to Chase and Choriander Daggett et al, $299,000 116 White Owl Way, Urban Groupe Dev 1 LLC et al to Keith Gibson, $285,000 120 Church Street, George Stilson to Austin Newell, $138,500 206 North Mulberry Street, James Graff to Michelle and Cody Smith, $230,000 119 Kentucky Avenue, Kayte and Ethan Minix to Danielle Araujo, $188,000 209 Skyline Drive, Ryan and Allison Caudill to Sreychan Thuy and Kemsreang Song, $269,000 110 White Owl Way, Urban Groupe Dev 1 LLC et al to Sandra Martin, $297,000 209 Cherokee Trail, David and Joy Lusby to Morgan Lusby, $275,000 305 Biddle Pike, Deborah Mowery to Craig Kendrickson and Lina Watson, $100,000 204 Rhodes Lane, Adam and Casey Ferguson to Enrique and Michelle Boneta, $357,000 108 Tundra Hill Court, Neukam Living Trust to Terence and Rebecca Hlathein, $360,000 164 Irving Lane, Daniel and Leah Britton to Clay Fletcher and Abby Winans, $373,000 134 Camp Creek Way, New Haven Homes LLC to Hugh Savage and Sharon Conklin, $449,900 104 Flamingo Circle, VIA Vitae Development LLC to Quentin and Iliana Pell, $537,598 139 Chickadee Trail, VIA Vitae Development LLC to Scott Franklin, $368,523 109 Donovan Lane, Michael and Ashlee Gay to Eva and Francis Ribbe, $359,000 103 Blackberry Ridge Court, Avery and Denise Bussell to John and Allyson Bailey, $425,000 100 Galehouse Road, John and Allyson Bailey III to Michael and Hope Canter, $380,000 102 Final Turn Circle, Dustin and Lauren Horn to Rebecca McLay, $305,000 608 Woodduck Lane, Joseph and Sukh Khalsa to Wesley and Jill Akers, $514,000 147 Wellesly Avenue, Patrick and Rachel Enders to Justin and Brittany Haubner, $385,895 159 Brittany Lane, Daniel and Faith Gallagher to Jacob Hickey and Kelsey May, $374,900 132 Knight Court, Marlan Investments LLC to Dillon Taylor, $364,900 3156 Newtown Pike, Anatoli and Natalia Filiuk to Steven and April Early, $1,060,000 120 Blowing Tree Drive, New Haven Homes LLC to Eric and Chelsi Thomas, $388,000 110 Bellatrix Court, Ball Homes LLC to Shanhui Lin and Mei Chen, $363,173 282 Harmony Ridge Road, Larry Adams to Justin Sargent and Lois McCoy, $257,000 303 West Clinton Street, Danielle and Steven Patterson to Minna Jenkins, $196,000 210 Gano Avenue, Dorothy Woods to Brittany Corey and Jeremy Walton, $212,000 152 John Davis Drive, Moris and Sana Said to Ameer Said, $256,000 204 Mallard Point Court, Lois Bryant to Jason and Beth Milligan, $540,000 106 Flamingo Circle, VIA Vitae Development LLC to Jourdan and Dustin Collins, $383,600 238 Harbor Village Drive, TLD LLC to Logan Hurt, $395,000 184 Berkshire Lane, Ryan and Makayla Troxell to Nicholas and Krista Vanoss, $278,000 162 Hidden Creek Drive, Nicola and Mona Papa to Allen and Wanda Porupski, $895,760 104 River Run Court, Gary and Rebecca McQuain to Wen Jiang and Man Cheng, $305,000 143 Limestone Lane, Ball Homes LLC to Joseph and Arriane Fernandez, $474,347 115 Ocaso Court, Reigan Lutz et al to Colton Abbott, $295,000 1923 Barkley Road, Brady Robinette to Michael and Katherine Scatena, $212,000 111 Pinnacle Point, Haddix Construction LLC to Andie and Joseph Payton, $514,975 228 Colony Blvd, Evan and Marci Tisheuar to Marc Thalacker, $300,000 132 Winding View Trail, Michelle Wilson to Michael and Jamie Rogers, $545,000 124 Sutton Place Blvd, Samuel Webb et al to Daniel Rodawold and Heather Reeves, $340,000 222 Berkshire Lane, Parker Family Trust to Joseph Mwinyi and Marceline Otonga, $270,000 2939 Ironworks Road, Patsy and Donald Wells to Carol Wilson, $300,000 109 Castanet Court, Joseph and Arriane Fernandez to Marshall Rumage, $310,000 109 Dunmore Lane, Ball Homes LLC to Nicholas and Ana Bartholomew, $448,241 102 Sea Pines Way, BB & D LLC to Janey Newsom and William Karlak, $250,000 338 Harmon Court, Katie Donovan to Tasian Stakelin, $170,000 138 Rodeo Drive, James and Raleih Bennett to Jonathan and Nelly Brown, $325,000 142 Peaceful Landing, Elizabeth Roth and Cesar Barada to Logan Coomer and Maddison Saltkill, $334,900 164 Bueno Crossing, BACCS Properties LLC to Sarah Gottlob and Caleb Murphy, $327,000 106 Hutchins Drive, Shelby Armstrong and Brandy Blackburn to Samuel Preston, $270,000 126 Kirkstall Way, Ball Homes LLC to Hollyann and Alexander Gifford, $352,997 239 Elkhorn Green Place, Christopher Clines and William Gough to Ethan Franklin, $327,500 1320 Leesburg Pike, Lyle and Carolyn McMillin to William and Kari Jones, $481,500 357 North Court Street, Heather and Andrew Shaffer to Aaron Valentine, $168,000 139 Peaceful Landing, Huber Builders et al to Dustin and Lauren Horn, $439,900 102 River Run Court, Chad and Haley Gilbert to Corey Johnson, $315,000 102 Flamingo Circle, Via Vitae Development LLC to Christopher Hagler, $414,900 171 Westwoods Drive, Bobby and Barbara Sparks to Byron and Victoria Wedgeworth, $360,000 104 Natchez Trace, Evan and Megan Jones to Herbert and Victoria Crawford, $445,000 163 Stephens Drive, Jonathan Walker to Abraham Carreon et al, $335,000 112 Baldwin Terrace, Beverly Townsend to Reuben and Angela Yount, $275,000 134 Canewood Blvd, Lorraine Buckler et al to Alyssa and Joshua Abend, $390,000 110 White Owl Way, Urban Groupe Dev 1 LLC et al to Exildo Rodriguez et al, $295,000 4252 Cincinnati Road, Stockton Mortgage Corporation to William and Sarah Obermeyer, $180,813 225 Cunningham Avenue, Michael Mizell to Isaac Sparks and Charles Wells, $205,000 103 Meadowcrest Drive, Jonathan Abrams to Moses Muliro Nad Pascaline Kakiranya, $395,000 168 Sutton Place Blvd, Charles and Denise Fisher to Elizabeth Kozlowski, $335,000 423 Hinton Sadieville Road, Sharon Wright to Joshua and Jennifer Sweet, $110,000 119 Long Branch Drive, Ashley Scalf to Ashley Colvin and Logan Green, $299,000 130 Falls Creek Drive, Jada and Mark Craig II to Brian and Katelyn Malesick, $439,900 108 Shadow Creek Path, Mary Ohnheiser to David and Deborah Moore, $495,000 Click here to see last week's property transfers.
Times
12-05-2025
- Business
- Times
How can we transfer our buy-to-lets into a limited company?
Q. We would like to transfer our commercial properties from personal ownership to a limited company and are wondering if we would have to pay capital gains tax or stamp duty? Name and address supplied Ordinarily, transferring a commercial property that is owned personally to a limited company may have capital gains tax (CGT) and stamp duty implications. If you can demonstrate to HM Revenue & Customs that your property activities represent a business, rather than just an investment, then you may be able to benefit from incorporation relief. This broadly involves transferring the property business to a company in exchange for the issue of shares. If incorporation relief applies, any capital gain that arises may potentially be deferred in full. It is not possible
