Off TopicAre you a QOTWer? Do you want to start a thread that isn't a direct answer to the current QOTW? Then this place, gentle poster, is your friend.
(
rob, Sun 1 Apr 2001, 1:00)
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I know if I had £25m big ass house in the middle of no-where, with double that of antiques and stuff inside it....I'd sale the fucking lot of it, buy a nice proper luxoury house in hampstead, and let the rest of the investments lead me into a lifestyle of pure luxoury for myself and my future generations to come.
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G/PP 💩💩💩💩💩€, Sun 15 Jul 2012, 19:22,
1 reply,
13 years ago)
If it's a home that's been in your family for six hundred yearsthere might be an obligation to keep it on. Of course, inheritance tax means each subsequent generation has 50% less money for the upkeep of the estate, to the extent that the current lot of toffs can barely afford to heat one wing.
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b3th Not shit. Not mod., Sun 15 Jul 2012, 19:24,
Reply)
50% less money?IHT is 40% on the value of the estate over £325,000. And it's easy to use trusts to avoid it. Most wealthy people pay IFAs to arrange things so that they avoid IHT.
(, Sun 15 Jul 2012, 19:27, Reply)
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