Wednesday, March 28, 2007
Why Should Royals Avoid/Evade Inheritance Tax?
To live in fabulous luxury and bask in the high regard of a nation is apparently not enough for the royals; they have, in addition, to be exempt from the rules by which the rest of us lead our lives. It seems Lord Goldsmith fixed this up with Dame Elizabeth Butler-Sloss in 2002. It is to the credit of that excellent(and, according to this morning's page 2, prize garlanded) newspaper, The Guardian, that their application for the private court hearing to be challenged has been successful. My partner had to pay £9000 inheritance tax on her father's modest estate- that's nine grand more than our fabulously wealthy head of state.
Slightly more intriguing is the paper's second application, to reveal Princess Margaret's will. It seems an accountant living in Jersey, one Robert Brown, claims to be the latter's illegitimate son. The executors of the royal wills sought to have lawsuit struck down, claiming this person had an 'insane delusion without any evidence'. They also revealed that in 2005 no less than 27 people claimed to be illegitimate relations of the royals. Now, I was always told by my elders in the Shropshire village in which I grew up that 'those royals are at it like knives all the time'; I always dismissed such assertions, but who is to say they were suffering 'insane delusions', when so much evidence has emerged-Charles, Camilla, Andrew etc- to suggest they might have been right?
Have done a tasteful round up of Hatches, Matches and Dispatches including your continued link from my blog.
Must get over here more often.
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