Subject: Re: OT New Monaco homes
UK inheritance tax was mentioned upthread, it being quite onerous: 40% on anything over about 1 million pounds, some exceptions.
It is my understanding that the estate of a British citizen who was non-resident will only pay this on UK-situated assets. Anyone have different information?

I think it changed (somewhat) last year.
I believe the answer is "Non-resident means inheritance tax on UK assets only", BUT still worldwide assets for a while after you leave the UK. Some kind of timeout based on how long you were UK resident??

But I believe many things which are false, so you had best check.

Jim