if you die your partner automatically gets the house,
True
and it doesn't form part of your estate, and can't be taxed
Not true. It's still a transfer of value for the purposes of section 3 IHTA 1984.
Oh yes, I'm thinking of spouse exemption. @Pifko - Get married.
Agreed, marriage is very tax efficient. Can be expensive though, I gather.
@bq started
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True
Not true. It's still a transfer of value for the purposes of section 3 IHTA 1984.