Birdwatch Note Rating
2024-10-19 09:08:04 UTC - HELPFUL
Rated by Participant: 356D46613BD02EBA41D7F67FEA707DFE22C7D25C66093DF0132397D97DC4217D
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