Birdwatch Note Rating
2024-10-18 22:07:06 UTC - HELPFUL
Rated by Participant: 0CDF20F485AD6EAA40999E8F91303C866907B8771AC105A7FD135E69212268F0
Participant Details
Original Note:
The Duke did not pay inheritance tax as the property is held in trust. The trustees will pay inheritance tax in accordance with the law which is currently once every 10 years. In addition, anyone can place an asset in trust, this is not an exclusively for the super rich. https://m.thegazette.co.uk/wills-and-probate/content/100851#:~:text=The%2520%C2%A39%252Dbillion%2520Grosvenor,belong%2520to%2520his%2520son%252C%2520either. https://www.lawsociety.org.uk/public/for-public-visitors/common-legal-issues/trusts
All Note Details