'Our elderly dad is leaving the farm to us in his will. But his new wife says she is automatically entitled to a third of his estate so we will have to sell the land. Can this be true?'
'Our elderly dad is leaving the farm to us in his will. But his new wife says she is automatically entitled to a third of his estate so we will have to sell the land. Can this be true?'
'How much inheritance tax will our son have to pay when we die?'
Maximizing the tax-free thresholds at the date of death is vital for limiting exposure to capital acquisitions tax, particularly for inheriting property.