Birdwatch Note Rating
2024-10-19 11:49:58 UTC - HELPFUL
Rated by Participant: 324D34F4EBE04E12DFE1E6B3285354DDFE1A37C4C9B8AAF192F0D55483BF64C3
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