CGT: Transfer Title Deeds vs Probate

Is capital gains tax calculated from the date that you become the legal owner of assets, ie when Title Deeds for a property are transferred into your name, or from the date when a probate value is made, and where you are the beneficiary. In most cases, the difference is probably small but it can make a difference if the date of death and transfer of title is in years.

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I am a little confused by the above statement. This is the tax issues forum right? The link below is a commercial site.

The value the beneficiary receives from an estate is the the value of the property within the estate. The valuation date is determined by the estate in that there are 2 valuation dates it deals with, the date of death or, 2) 6 months thereafter is elected by the estate. The date of transfer of the deed is not relavent to the valuation.

I agree, I'm not sure why the guy is promoting the H&R website unless he is an employee or associated with H&R. If he were to give a caveat is that the information given here should not be relied on as not all facts are known and there may be other issues to consider. Also, there are standards for giving both tax and legal opinions that the site and posters can not adhere to.