Inheritance Tax
26 April 2007, 12:53 PM
#2
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As far as I know the estate when death occurs is valued and if above a certain level tax is payable. Assuming the estate was worth less than the threashold when he died then no further liability, i.e. sell it and take the proceeds.
As for q3 wait for somebody who knows stuff or check out the net, most of this stuff is covered.
As for q3 wait for somebody who knows stuff or check out the net, most of this stuff is covered.
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