
Blog
How to Use Form SEV to Sever Joint Tenancy in the UK for Tax and Protection Planning
Quick answer Form SEV is used to formally sever a joint tenancy on UK property — converting joint tenancy into tenancy in common. Severance means

Quick answer Form SEV is used to formally sever a joint tenancy on UK property — converting joint tenancy into tenancy in common. Severance means

Quick answer Severing joint tenancy may be beneficial for IHT planning when one spouse’s nil-rate band (currently £325,000 (gov.uk — Inheritance Tax)) is underutilised, though
