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A client aged 72 has dual nationality; French and UK. She was born in Saigon to French parents but has lived in the UK for the past thirty years or so although around six months of each year is spent travelling abroad and this is likely to continue.
Her estranged husband died last year and we understand that there is no nil-rate band available from his estate.
She owns three properties in the UK: first her main residence which is owned jointly with one of her three sons and is valued at around £350 000 with a joint mortgage of £60 000.
The other two properties are valued at around £300 000 and £450 000 with mortgages of £160 000 and £150 000 respectively. The third property is occupied by another son and she receives rent on both properties.
She also owns outright two properties in France...
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
