From: "tim" <520010973502.removethis@t-online.de>
Newsgroups: uk.finance
Subject: Re: Inheritance Tax
Date: Sat, 26 Feb 2005 11:05:44 +0100
"Kris" wrote in message
news:421fa96a$0$35331$ed2619ec@ptn-nntp-reader02.plus.net...
> I've been told that Inheritance Tax has to be paid before any estate
> can be distributed.
>
> If this is true what happens if the beneficiary can't afford to pay the
> tax ?
The beneficiary doesn't pay the tax, the estate does. The difference
could be critical to the way the estate is distributed.
I realise that this could still give you the same problem, hopefully
the other response answers it.
tim
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