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Meanies.
A little harsh, perhaps. My father still has the house in Hambleton at Rutland Water and the pied a terre in London.
The trouble with IHT is the truly wealthy don't pay it.
I know. That's why I made a conscious decision not to advise on 'estate planning' issues - i.e. tax avoidance. It's a very lucrative line of work, not surprisingly, but I just couldn't bring myself to do it.
Brommers
Meanies.
My parents are still in my childhood home that they have been in since 1973. Think they paid something like 12k for a 3-bed Victorian terrace in Crouch End backing onto a cricket pitch. Worth a bit more now so inheritance tax is likely to be an issue, which I'll be happy to pay.
The trouble with IHT is the truly wealthy don't pay it.