Getting Your Sums Right ; Regarding the Inheritance Battle of Sisters Joyce and Sybil Burden, Unless the Property Is Owned by Only One Sister, I Believe There Is a Flaw in Your Calculations.

Western Daily Press › May 14, 2008

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Summary

Regarding the inheritance battle of sisters Joyce and Sybil Burden, unless the property is owned by only one sister, I believe there is a flaw in your calculations.

The property, you say, is worth pounds900,000, thus each sister's share is pounds450,000, which one of them will leave to the other. After the allowance of pounds312,000 there is pounds138,000 liable to inheritance tax at 40 per cent.

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Extract

Getting Your Sums Right ; Regarding the Inheritance Battle of Sisters Joyce and Sybil Burden, Unless the Property Is Owned by Only One Sister, I Believe There Is a Flaw in Your Calculations.

Thus, I ca...

See the full content of this document