Didn’t he do well?
WHy did Bruce Forsyth leave his children out of his will and give most of his fortune to his wife (Mail)?
as a retired financial adviser who specialised in inheritance tax planning, I can explain.
a man of Bruce’s undoubted talents, at the top of his profession for decades, would have amassed a fortune much greater than the £11.7 million left in his estate.
Lifetime trusts and gifting enable wealthy individuals to pass on their wealth while they are alive. the specialist financial advice available to those who can afford it means that inheritance tax can be considered as largely a voluntary tax.
Well done, Bruce, for following the adage: ‘It’s not what you earn, it’s how much you keep, that counts!’
GARETH GRIFFITH, Blyth, Notts.