BRACERS Record Detail for 134235

To access the original letter, email the Russell Archives.

Collection code
RA3
Recent acquisition no.
1843
Document no.
313796
Box no.
17.53
Filed
F-3
Source if not BR
BRPF
Recipient(s)
Felton, Anton
Felton & Partners
Sender(s)
Farley, Christopher
Date
1968/02/19
Form of letter
TL(CAR)
Pieces
2
Notes and topics

"I have been attempting to make a realistic calculation of BR's estate and the taxation situation." He then sets out several figures. Worst case is that 65% of an estate of not more than £500,000 would be taxed at 65% until Nov. 1968. The tax rate diminishes for each year BR lived after Nov. 1966. After 5 years the gifts are tax free. BR's total estate would include £200,000 for the Autobiography and "say" US$480,000 (£200,000) for the Archives. (That is what the Archives sold for on March 28, 1968.)

Permission
Everyone
Transcription Public Access
No
Record no.
134235
Record created
Dec 16, 2023
Record last modified
Dec 18, 2023
Created/last modified by
blackwk