Cosmo
Member
Registered: 29th Mar 01
Location: Im the real one!
User status: Offline
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quote:
Originally posted by Robin
Financial Advisor came today, and has advised against it.
It turns out that there IS a 70% discount on properties, BUT ONLY UP TO A CAPPED RATE OF £24k 
So it's just not worth doing.
Anyway, thanks to everyone for the advice 
TBH though, a 24k saving could still net you a decent profit in a few years!!
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MarkM
Member
Registered: 11th Apr 01
Location: Liverpool
User status: Offline
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quote:
Originally posted by Cosmo
quote:
Originally posted by MarkM
The Inheritance Tax threshold has just been increased to £350,000
not yet it hasnt, it will be by 2010 though!
Sorry that should have said it will be...
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