S sam27 Registered User Messages 39 7 Mar 2013 #1 Hi, My question is as follows: Where a father dies intestate and only two sons in the family, mother died ten years ago, Is there tax implications for two sons? ie If he had made a will would there be less tax to be paid , than not making one? I was told recently that in such a situation, more tax would be paid by two sons if father had not made a will? Is this true? Thanks in advance?
Hi, My question is as follows: Where a father dies intestate and only two sons in the family, mother died ten years ago, Is there tax implications for two sons? ie If he had made a will would there be less tax to be paid , than not making one? I was told recently that in such a situation, more tax would be paid by two sons if father had not made a will? Is this true? Thanks in advance?
P Padraigb Registered User Messages 1,738 7 Mar 2013 #3 The only way a will might reduce the tax liability of the sons is if he left some of his property to another person.
The only way a will might reduce the tax liability of the sons is if he left some of his property to another person.