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Bridging Finance to pay Inheritance Tax

fcandmp Posts: 155 Forumite

5 July 2023 at 9:35AM in Deaths, funerals & probate

For those that assisted in my recent query re my Wife's Aunt and French estate, things have moved on, and heirs seemingly agreed. But we now face the prospect of a sizeable Succession Tax bill (150,000 Euros) by end of July, unless there is any provision for Direct Payment to the French tax authorities from the estate as there is in the UK. I am interested to know if others have used bridging finance to pay Inheritance Tax and what their experience of it is. The estate appears to have sufficient cash in it to pay the estimated inheritance tax, so any bridging finance would be relatively short lived and permit then to get the property sold.

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Bridging Finance to pay Inheritance Tax

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