Sir Bruce Forsyth may not have left his millions to his children.
It would seem that Bruce Forsyth’s strategy in leaving his children nothing was to avoid estate tax. In the United Kingdom, money that’s passed from a husband to a widow isn’t subject to inheritance tax. However, an inheritance from a parent to a child is taxed.
In addition to the money left for his wife, the entertainer left about $130,000 in a trust fund to split between his nine grandchildren when they turn 21 and roughly $26,000 to the two executors of his estate.
Nothing was left to daughters Debbie, Laura, and Julie, who Forsyth fathered in his first marriage to Penny Calvert. His daughters Louisa and Charlotte from his second marriage to Anthea Redfern also weren’t included in the will. Likewise, his son Jonathan from his third marriage won’t inherit anything.
Forsyth died last year with his six children by his side at age 89. The star had been sick for an extended period of time and had been admitted to the hospital earlier in the year with a severe chest infection.
Bruce Forsyth had a record-breaking 78-year career in British film and television. He made his first TV appearance at the age of 11, taking up tap dancing after being inspired by a Fred Astaire film.
Forsyth received a knighthood in 2011. His last appearance on TV was at Christmas 2015 when he sent a festive message to fans.
Social media was flooded with tributes to Forsyth upon his death last year. The London Palladium promised to dim its lights, celebrities shared their memories of working with the entertainer and fans wrote of the experiences they had had with him.
Forsyth isn’t the first celebrity who decided not to leave money for their children. Reports are that Gordon Ramsay, Elton John, Bill Gates, and Simon Cowell are a few some of the stars who have decided not to bequeath their millions to their children.
Reference: Starts at 60 (June 19, 2018) “Millionaire performer Sir Bruce Forsyth leaves kids nothing in will”