NowIsGood
VIP Member
So is it £24mil after IHT or before? Shame he wasn't married in name to Cheryl, as a partner can inherit with no tax liability.That doesn't take into account inheritance tax of around £9-£10million...
Money from the trust can be used for the maintenance and education of Bear. The trust could buy a house for Bear and Cheryl to live in but it becomes Bear's at the age of 18.
Would Bear be entitled to the future music royalties from one direction?