Anne Robinson has detailed how she has plans to help her family to avoid paying inheritance tax on her £50 million fortune after she dies. The former Weakest Link host, 79, who is currently dating the Queen’s ex husband Andrew Parker Bowles , has enjoyed a decades long broadcast career and owns a Grade II-listed barn in the Cotswolds, another home on Fifth Avenue in New York and a third property in The Hamptons. In the UK, inheritance tax is charged at 40 per cent on estates worth over £325,000 with a higher threshold for homes that are passed on to direct descendants such as children or grandchildren.
Speaking to Saga magazine, Robinson revealed she has already “spread” her £50 million fortune across her family members to save her assets from going to the “taxman”. The presenter is mother to daughter Emma Wilson, 43, and has two grandchildren; Hudson, 14, and Parker, 13. “I’ve given it all away.
I don’t want the taxman to have it,” she said. “I’ve spread it about quite a lot, to the children. They may as well enjoy it now.
” Robinson added she has “genuinely no idea” if her net worth is £50 million but said she “can’t think there’s anything I really want except my good health and the family happiness.” The UK has a “seven year rule” that states if a beneficiary receives an inheritance gift less than seven years before the bestower’s death they still pay inheritance tax. Gifts given three years before the giver’s death are taxed .
