Inheritance tax, page-11

  1. 98,637 Posts.
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    ''What about liabilities?

    Mum or Dad die owing money.

    Shous the "inheritors" be responsible?''

    YES at least the estate is responsible ------------- debts should come out of the estate --------- which of course, in most places - they do.

    if there is a deficit at the end of clearing the estate - I don't believe the family etc should bear any responsibility there - then, it's tough luck for the unpaid creditors - they were the ones who wrote the agreements, not the family


    This concentration of wealth is a dreadful thing.

    Imagine in the stone age if a man has a cave as a domicile. Then, the man claims 4 or 5 caves next to him as 'his property' --------because no one else was there - so it's 'his territory'

    then, he dies and his son inherits the 5 caves --------- then during his lifetime - he claims all of the caves in the area

    and there are NO caves for anyone else

    but, still of course - he can only live in one cave at any one time -

    does this sound like a good idea???????

    it sounds like a dreadful idea -------------- yet, this is what we have now in society

    we can allow this atrocity to go to it's usual conclusion - which is that the people with no caves - go and just kill the son or sons and kill all his babies - and just take the caves that they need ------------- or

    we can devise a system where the 'wealth' is redistributed to all

    tis not a very mentally stretching choice here in reality
    Last edited by pintohoo: 30/11/24
 
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