{"id":22644,"date":"2016-08-11T21:37:52","date_gmt":"2016-08-11T14:37:52","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-why-the-new-duke-of-westminster-will-not-pay-billions\/"},"modified":"2016-08-11T21:49:09","modified_gmt":"2016-08-11T14:49:09","slug":"inheritance-tax-why-the-new-duke-of-westminster-will-not-pay-billions","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/inheritance-tax-why-the-new-duke-of-westminster-will-not-pay-billions\/","title":{"rendered":"Inheritance tax: why the new Duke of Westminster will not pay billions"},"content":{"rendered":"


\nThe fact that Hugh Grosvenor\u2019s estate is held in a trust means that his \u00a39bn inheritance is likely to remain largely intactHad the Grosvenor estate bequeathed to the new Duke of Westminster been liable for 40% inheritance tax, the amount owed to the Treasury would have been not far off the government\u2019s entire death duty take for the last financial year.Hugh Grosvenor, however, avoids a significant cut to his \u00a39bn inheritance because the estate is held in a trust. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Inheritance tax: why the new Duke of Westminster will not pay billions<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The fact that Hugh Grosvenor\u2019s estate is held in a trust means that his \u00a39bn...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-22644","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-5Te","jetpack-related-posts":[{"id":24212,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/dukes-and-other-super-rich-are-not-the-only-ones-who-can-reduce-death-duties\/","url_meta":{"origin":22644,"position":0},"title":"Dukes and other super-rich are not the only ones who can reduce death duties","date":"August 28, 2016","format":false,"excerpt":"\r While attacked as a way to avoid inheritance task, setting up a trust is a legitimate form of financial planning which is available to anyoneWhen the 6th Duke of Westminster died this month, his son Hugh Richard Louis Grosvenor took on not just his father\u2019s title but also an\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22749,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-a-9bn-stress-test\/","url_meta":{"origin":22644,"position":1},"title":"Duke of Westminster \u2013 a \u00a39bn stress test","date":"August 13, 2016","format":false,"excerpt":"\r His death creates uncertainty for the Grosvenor Group as the title passes to his 25-year-old heir\r \r Source : ft.com\r Read more...Duke of Westminster \u2013 a \u00a39bn stress test","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22753,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-a-9bn-stress-test-2\/","url_meta":{"origin":22644,"position":2},"title":"Duke of Westminster: a \u00a39bn stress test","date":"August 13, 2016","format":false,"excerpt":"\r His death creates uncertainty for the Grosvenor Group as the title passes to his 25-year-old heir\r \r Source : ft.com\r Read more...Duke of Westminster: a \u00a39bn stress test","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52900,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminsters-12bn-property-firm-hit-by-london-slump\/","url_meta":{"origin":22644,"position":3},"title":"Duke of Westminster's \u00a312bn property firm hit by London slump","date":"April 26, 2017","format":false,"excerpt":"\r Grosvenor Group reports worst UK performance since 2008 as Brexit and stamp duty rise cause slowdown in capitalThe 26-year-old Duke of Westminster, who is believed to be the world\u2019s richest person under 30 with a \u00a39bn fortune, has been hit by a steep drop in returns on his family\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22462,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/britains-wealthiest-landowner-the-duke-of-westminster-has-died\/","url_meta":{"origin":22644,"position":4},"title":"Britain\u2019s wealthiest landowner, the Duke of Westminster, has died","date":"August 10, 2016","format":false,"excerpt":"\r The Duke owned swathes of prime London real estate, as well as property overseas, including Asia The Duke of Westminster. Image credit: wikimedia The Duke of Westminster, Britain\u2019s wealthiest landowner has died at the age of 64. Gerald Cavendish Grosvenor owned large parts of prime real estate in London\u2019s\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":22538,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/duke-of-westminster-dies-aged-64-britains-third-richest-man-had-strong-uae-ties\/","url_meta":{"origin":22644,"position":5},"title":"Duke of Westminster dies aged 64: Britain's third richest man had strong UAE ties","date":"August 10, 2016","format":false,"excerpt":"\r Britain's wealthiest landowner, the Duke of Westminster, has died aged 64.Gerald Cavendish Grosvenor, Britain's third richest man, died late on Tuesday in Lancashire after being taken ill suddenly on his Abbeystead Estate near Lancaster.The sixth Duke, who was ranked 68th richest billionaire in the world by Forbes with a\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22644"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=22644"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/22644\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=22644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=22644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=22644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}