UK:
How To Ensure "Heritage Assets" Don't Become A Tax Curse
14 June 2016
Wedlake Bell
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The idea of owning fabulous art works will appeal to many but
what happens to descendants who might be faced with a large
inheritance tax bill? In the UK, there are ways of tackling the
issue - and keeping art in the public eye. This article examines
"heritage assets" – such as artwork – and
issues arising for those making and receiving bequests. An obvious
issue is tax.
Please click here to read the full article first
published in Wealth Briefing on 19 May 2016.
The content of this article is intended to provide a general
guide to the subject matter. Specialist advice should be sought
about your specific circumstances.
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