Birdwatch Note Rating
2024-10-19 07:40:38 UTC - HELPFUL
Rated by Participant: 77BCEF1C938197A05ABB6D459E5AFC130D7E5F9D6C316D56ED7BF9D5987AE0EE
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