Minimising stamp duty with proper estate planning
By Janine Carey
People are very careful about managing their money during their lifetime: how it is spent, what deductions are made, how it can be invested and how it can be saved.
But it’s also important to think about how your assets will be managed after death — and that’s where having an estate-planning strategy can prove beneficial.
That is because, before anyone can receive anything under your will, your estate will be subject to stamp duty in respect of Bermuda property…
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