inheritance from a stranger

Discussion in 'OT (OFF Topic) Forums' started by mercmanuk, Aug 27, 2008.

  1. mercmanuk

    mercmanuk Hardcore MB Enthusiast

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    A good friend of mine had some news yesterday,his wife had an uncle she had never met,he lived in southern ireland ,as she was the only niece he left his estate to her in his will.bearing in mind she never met him
    a farm worth £1.2 million,20 houses that are rented all paid for,£950k cash.
    total roughly £4.5 million.
    he gave his notice in at work today and is moving to ireland.nice to hear someone you know having some good luck.
     
  2. robert.saunders

    robert.saunders Hardcore MB Enthusiast

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    wow, good for them, the luck of the Irish :D
     
  3. gina2201

    gina2201 Hardcore MB Enthusiast

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    Wow, what wonderful news, (not the fact that someone passed away mind). But a nice surprise! :D
     
  4. HughJarse

    HughJarse Hardcore MB Enthusiast

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    Uncle Paddys dead !!



    :D
     
  5. Geezer

    Geezer Hardcore MB Enthusiast

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  6. stevesey

    stevesey Hardcore MB Enthusiast

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    Tough - I'm his wife.

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  7. crockers

    crockers MB Club Veteran

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  8. Mudster

    Mudster Hardcore MB Enthusiast

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    Without wishing to put a downer on it, what's the tax bill on that lot?:crazy:

    (Good luck to them!)
     
  9. Spinal

    Spinal Hardcore MB Enthusiast

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  10. neilrr

    neilrr MB Club Veteran

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    That sounds too good to be true.
     
  11. oldcro

    oldcro Hardcore MB Enthusiast

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    Of such news, dreams are made.

    Best of luck to them.
     
  12. Dieselman

    Dieselman Banned

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    Everything can be arranged for a price..
     
  13. OP
    OP
    mercmanuk

    mercmanuk Hardcore MB Enthusiast

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    i mentioned the 40% tax bill to him also,the look on his face was dread
     
  14. mattc

    mattc Hardcore MB Enthusiast

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    Does EIRE have the same laws on inheritence as us then?
     
  15. A210AMG

    A210AMG MB Club Veteran

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    So they have approx 4.5 million from someone they don't know and you say he looked shocked when you mentioned 40% tax bill...???

    Some people are never happy :)
     
  16. grober

    grober MB Club Veteran

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  17. Gollom

    Gollom Hardcore MB Enthusiast

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    Knew comments would be made to take the shine from a piece of someone elses good fortune! :rolleyes: ;)

    P.S. Not directed at any one person :)
     
  18. st4

    st4 Banned

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    The UK IHT Bill will be £1.68 million. The IHT exemption limit is £300k IIRC, deducting this from 4.5million gives 4.2million. 40% of that is £1.68million.

    Its still a tidy sum, but in the first case they should see a) a solictor b) a tax advisor.
     
  19. SilverSaloon

    SilverSaloon MB Club Veteran

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    Wow, I must be related to his wife! A long-lost uncle also has left me some cash aswell :)

    I'm so happy today, not only am i rich above my wildest dreams, found out I had an uncle i never knew, but I also have found out i also have a long lost sister aswell.

    I think i will throw a party to celebrate. If anyone would like to contribute to the celebrations, you can send me some money via Western Union if you like.... i promise the party will happen.

    I will probably host it in Nigeria or maybe Ireland - not sure yet - my business means I travel between these two places on a regular basis, but its OK I always have access to a hotmail account.


    sounds like a scam to me - is this genuine!?
     
    Last edited: Aug 28, 2008
  20. Rory

    Rory MB Club Veteran

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    It is, but paying IHT gets very complicated as there isn't enough cash in that inheritence to pay the bill.
     

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