I did not think that the insurance payout was part of the sum included when calculating
inheritence tax.
Are marriage benefits (like tax breaks,
inheritence rights, hospital visitation rights) merely special rights only for straight people?
Of course Ed Cox is against the millionaire's tax, his Richard
Nixon inheritence would be cut in half were it to remain.
A common trick comes from African or Eastern European nationals who e-mail users with tales of family deaths,
large inheritences and if only they could get across to the UK if you pay them some money they would share this money with you.
And like the SDP, in the 80's the Tories can still hover up seat with FPTP, the Tories have now, If you include labour talking about increasing
the inheritence tax threshold, in 2006 when Harriet Harman, John Reid and Steven Byers suggested it, to, putting up national insurance, now, have 8 times now nicked (Ed milibands) labour Ecenomic policies, that's why, the spectator said Theresa May is close to blue labour
I is getting 20 lakhs rupees as
my inheritence from selling of family ancestor land.
So, if she sold the property three years later for $ 450,000, she would either pay capital gains tax on $ 100,000 or $ 50,000 depending on how quickly she'd calculated the deemed disposition after
the inheritence.
What's your reasoning behind stating that money given to a child that may be part of
their inheritence should be saved and not spent?
Assuming a total return on investments of 6 % (which I hope I'm lowballing), then when my mortgage is fully paid, by simply continuing those payments except putting them into savings, I will have an approximate principal base of 1.6 million (not counting my home, tax refunds or
inheritences) by the time I am 65.
He is mid 40s, makes about 125k, he has already saved up over 2 million (saving and
a inheritence), hates his job, works way too much... but just keeps saving... drives me nuts.