No doubt not the primary reason for moving away, but there are cases where a person or couple might believe that the value of their ‘estate assets’ on death might trigger their family paying UK Inheritance Tax and therefore may look at whether there is merit in moving to another jurisdiction, for example, to live in Australia.
Such persons may have heard that Australia does not have ‘Inheritance Tax’ and with the apparent attractiveness of the lifestyle and warmer climate, they believe that a move could be the right choice for them and for the protection of their estate for their family.
Read full article here >> (Published on our ProTrust Consulting website)