Tag Archives: beneficiary

As the Executor of a will do I need to deduct Inheritance Tax for the beneficiary?

Question: I am the Executor of a Will and I am about to pay out various legacies.  Some of these are quite substantial and the beneficiary would have an Inheritance Tax liability.  Do I have to deduct the tax that might be paid or can I simply pay out to the beneficiary? Answer: Recent changes […]

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