Christine's death certificate

[Mr Scarrott]

Originally Posted by Wdm6789

Her estate was worth over $50 million. Could someone explain the UK tax liability thing though?

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

[Wdm6789]

Originally Posted by Mr Scarrott

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

It said most of her assets were in the US, but she did have some money in the UK. I would assume to mitigate the hefty tax bill. 31 million euros is a lot lol.

[bombaysaffires]

Originally Posted by Mr Scarrott

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

Here's the earlier post by someone regarding inheritance taxes.