Subject: Re: OT New Monaco homes
This is wildly attractive compared to the UK, though not as attractive as the relatively few rich places without inheritance/gift taxes. Canada, New Zealand, Australia, Austria, Sweden...

And the US up to a very $30 Million. Keep in mind as well, that the cost basis of inherited stocks in the US resets to the Fair Market Value on the death of the original owner. If an estate over $30 Million consists largely of accumulated capital gains, you're in a sense just trading one tax (capital gains) for another (estate).