Mirath - The Laws of Islamic Inheritance
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exempt from inheritance tax. One must however remember that the<br />
value <strong>of</strong> the house (if it is included in the estate) is also included in this<br />
and also the total <strong>of</strong> all gifts <strong>of</strong> more than £250 if they accumulate to be<br />
more than £3,000 a year, for the past seven years will also be added to<br />
make this total reach £325,000.<br />
Note: <strong>The</strong> figure <strong>of</strong> £325,000 as a threshold for inheritance tax in the<br />
UK is correct at the time <strong>of</strong> publication. However, this figure<br />
periodically changes. Please check the HMRC website for the correct<br />
figure.<br />
Note: Testamentary charges and inheritance taxes where applicable<br />
classify as debts on the estate. <strong>The</strong>y will be paid out before the<br />
bequests and inheritance are distributed.<br />
Note: If one is attempting to make one’s own will according to Isl\m<br />
based on this publication, we still urge that everyone utilises the<br />
services <strong>of</strong> the scholars to verify the working out, and to ensure that<br />
other points or issues which have not been covered in this short<br />
publication are not omitted. <strong>The</strong>reafter, the will should be<br />
checked/properly drafted by a qualified solicitor.<br />
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