Excellent article. I appreciate the clear presentation of what is, for me, new information. I first had to look up how £1 million translates into U.S. dollars! But the truth is, I have no idea how inheritance taxes work in this country either, as if the cost of farming isn't already enough -- so now I'll go read up on that. What struck me as unfair was penalizing people for trying to find ways to sustain their huge investment of time and labor through diversification, which can also serve as a good promotional tool. What happened to the idea of supporting self-sufficiency and self-help? Thanks especially for that last section, "My Perspective." That really brought home the significance of these inheritance tax changes in the context of the bigger picture.
Excellent article. I appreciate the clear presentation of what is, for me, new information. I first had to look up how £1 million translates into U.S. dollars! But the truth is, I have no idea how inheritance taxes work in this country either, as if the cost of farming isn't already enough -- so now I'll go read up on that. What struck me as unfair was penalizing people for trying to find ways to sustain their huge investment of time and labor through diversification, which can also serve as a good promotional tool. What happened to the idea of supporting self-sufficiency and self-help? Thanks especially for that last section, "My Perspective." That really brought home the significance of these inheritance tax changes in the context of the bigger picture.