1. World problems
  2. Prohibitive death duties

Prohibitive death duties

  • Distortionary inheritance taxes

Nature

Failure to account for government duties applied to inheritance can result in undesired sale of family property, inadequate provision for a surviving spouse and other family stresses.

Incidence

In the UK, inheritance tax on Estates start at 40% for estates in excess of £128,000.

Broader

Aggravates

Aggravated by

Dying intestate
Presentable

Reduces

Personal wealth
Presentable

Related

Strategy

Writing a will
Yet to rate

Value

Prohibition
Yet to rate
Distortion
Yet to rate
Death
Yet to rate

SDG

Sustainable Development Goal #16: Peace and Justice Strong Institutions

Metadata

Database
World problems
Type
(E) Emanations of other problems
Biological classification
N/A
Subject
Content quality
Unpresentable
 Unpresentable
Language
English
1A4N
J4609
DOCID
12046090
D7NID
146525
Editing link
Official link
Last update
Oct 4, 2020