VII. Estate Duty
The Estate Duty has been abolished with effect from 11 February 2006. The estate duty chargeable in respect of estates of persons dying on or after 15 July 2005 and before 11 February 2006 ("transitional estates") with the principal value exceeding $7.5 million has been reduced to a nominal amount of $100.
To get some general information on how to handle the legal documents for a deceased's estate, please go to another topic – Probate.