death duties

Examples (10)

• After the death duties had been paid, there was little money left for the family.
• The solicitor explained that the estate would be liable for significant death duties.
• Many wealthy individuals use trusts to legally mitigate their family's exposure to death duties.
• The government announced a plan to reform the current system of death duties.
• Calculating the exact amount of death duties can be a complex process.
• Historically, death duties were introduced to fund wars and other state expenses.
• Certain gifts made within seven years of passing may still be subject to death duties.
• The sale of the antique collection was necessary to cover the unexpectedly high death duties.
• He spent years planning his finances to ensure his children wouldn't be burdened by heavy death duties.
• The executor of the will is responsible for ensuring all death duties are settled with the tax office.