The answer to this isn’t straightforward. In order to avoid the IHT liability, the gift must be made with no strings attached. If the gift has conditions, or you benefit from the home in some way such as continuing to live there, it will be known as a “gift with reservation of benefit” and will remain subject to IHT. There are, however, ways to avoid such a benefit but these are complex and so we would recommend seeking professional advice from us to discuss your particular circumstances.