Soldato
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My friend is set to inherit some property and cash (mostly property) - is there any way around potential inheriatance tax?
Inheritance tax and loopholes?
- Thread starter cleanbluesky
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TBH I can't provide many details yet but....
1) Probably between 3 (that are currently known) and... lets say 10 properties possibly including flats, shops and houses.
2) They were purchased a long time ago, at least 5 anywhere up to 30 years ago...
They are all London addreses in Greater London (I think) which will suggest possible prices...
As I said the whole thing is based on murky details but the individual form whom it was inherited has had a fair number of properties for quite a while, whether they remain and what legal state they are in will become clear later.
1) Probably between 3 (that are currently known) and... lets say 10 properties possibly including flats, shops and houses.
2) They were purchased a long time ago, at least 5 anywhere up to 30 years ago...
They are all London addreses in Greater London (I think) which will suggest possible prices...
As I said the whole thing is based on murky details but the individual form whom it was inherited has had a fair number of properties for quite a while, whether they remain and what legal state they are in will become clear later.
- Joined
- 2 Nov 2004
- Posts
- 24,654
phykell said:
I am not seeking legal advice from OcUK - I am satisfying my curiousity, but thanks for your concern