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ARTICLE · 17 OCTOBER 2016

Inheritance Can Be Highly Taxing

The months of summer were always referred to as the "silly season", when the British press struggled to keep their readers' attention with a succession of frivolous news stories.

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So summer is finally over and things can start returning to "normal". The months of summer were always referred to as the "silly season", when the British press struggled to keep their readers' attention with a succession of frivolous news stories – Loch Ness monster or Lord Lucan sightings were perennial favourites – while Parliament was in recess and the courts were not sitting. But now it seems that "hard news" has stopped taking a summer holiday.

The Brexit vote and all the ensuing political turmoil set the ball rolling and, what with the US elections, the fighting in Syria, terrorist outrages, attempted coups, not to mention the Olympic Games, it has continued to roll right through the summer. So much so in fact that one of the sadder stories, the untimely passing of Gerald Cavendish Grosvenor – who also happened to be the sixth Duke of Westminster and one of Britain's wealthiest men – attracted only brief coverage. His vast estate was estimated to be valued at

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