Quote:
Originally Posted by Wdm6789
Her estate was worth over $50 million. Could someone explain the UK tax liability thing though?
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The bulk of Christine's UK estate would be taxed at 40%- anything over the value of £325,000. Obviously we can't know if there were any other tax issues outstanding at the time of her death which needed to be resolved.
Some guidance is here:
https://www.agespace.org/finance/inh...resholds-rates