Birdwatch Note Rating
2024-10-18 15:57:33 UTC - HELPFUL
Rated by Participant: A733DA7CCA2BC70AC68BA16B44E111A4C41A9654DF5DF8DFB8D4B3A9FAFCDBF4
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