TV icon's generous move
Anne Robinson, best known as the host of The Weakest Link, has made headlines by deciding to give her £50 million fortune to her family to avoid inheritance tax. The 79-year-old TV personality wants to ensure that her money goes to her loved ones rather than the taxman.
Family first
Robinson has distributed her wealth to her daughter Emma and her grandsons, emphasizing that she values her family's happiness and her own good health above all else. In addition to hosting The Weakest Link, Robinson has had a successful career presenting shows like Countdown, Question Time, Points Of View, and Watchdog.
A lavish lifestyle
In a 2015 interview, Robinson revealed that she enjoys buying what she wants and spends a substantial amount on clothes each year, ranging from £50,000 to £60,000. Her decision to give away her fortune reflects her desire for her family to enjoy the fruits of her labor during her lifetime.
Understanding inheritance tax
Inheritance Tax is a levy imposed on the estate of a deceased individual. There is no tax if the estate is valued below £325,000, but anything above this threshold is subject to a 40% tax. Gifts given while the person is alive may also be taxed if they exceed £325,000 in the seven years before their death.
Keeping it in the family
Robinson's recent romantic involvement with Andrew Parker Bowles, the former husband of Queen Camilla, has also made headlines. The couple managed to keep their relationship under wraps for a year before it was revealed to the public.
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