In order to avoid care home costs, Father and Mother's family home (purchased for £15k) was gifted to Son and Daughter In Law.
I don't know for sure what was done about CGT and SDLT at the time (property was worth approx £300k in 2009), but presumably they claimed PPR and that was that. Consideration actually paid was nil.
Before I put in client in touch with our learned friends, and their very expensive ticking clocks, I'd like to know whether anyone has any experience as to whether today, 9 years after the gift, and after both Mother and Father are deceased, if it is possible for Son and DIL to disclaim the gift to benefit from the tax free uplift in base costs? Total estate was anyway below the IHT threshold. Value at death was around £525k.