8 Example Sentences Showcasing the Meaning of 'Death Duty'
The lawyer explained the intricacies of the death duty to the grieving heirs during the reading of the will.
The deceased's valuable art collection had to be appraised to determine the accurate amount of death duty owed to the government.
Understanding the impact of death duty is crucial for anyone managing a substantial estate or planning for their financial legacy.
In the will, it specified that the heirs would be responsible for settling the death duty on the estate.
As the executor of the estate, Mark had the challenging task of managing the deceased's financial affairs and handling the death duty.
During the reading of the will, the lawyer explained how the death duty would impact the distribution of assets among the beneficiaries.
The historical novel depicted a wealthy family's struggle with the death duty, adding a layer of complexity to the plot.
The lawyer clarified that certain exemptions could reduce the overall amount of death duty owed, providing a sense of relief to the grieving family.