📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

farmer died intestate

2»

Comments

  • getmore4less
    getmore4less Posts: 46,882
    Part of the Furniture 10,000 Posts Name Dropper I've helped Parliament
    Forumite
    If I were them I would be researching this to death(pun intended) and seeking professional advise as needed.

    Once away from the basics of traditional ownership and savings there is a lot more knowledge needed to extract the best from the assets while living and in death situations.
    Surprised the father has not got the basics documented and communicated to family.
  • Yorkshireman99
    Yorkshireman99 Posts: 5,470 Forumite
    If I were them I would be researching this to death(pun intended) and seeking professional advise as needed.

    Once away from the basics of traditional ownership and savings there is a lot more knowledge needed to extract the best from the assets while living and in death situations.
    Surprised the father has not got the basics documented and communicated to family.
    Very common in rural communities. As described above.Even though agricultural land is mainly exempt from IHT there are big potential savings for future generations.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 355.9K Banking & Borrowing
  • 255K Reduce Debt & Boost Income
  • 456.2K Spending & Discounts
  • 248.4K Work, Benefits & Business
  • 606.1K Mortgages, Homes & Bills
  • 179K Life & Family
  • 263.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.