Buy, borrow, die: could this American strategy of the super-rich save you tax?

Contributing sentiments towards policy:

57% : " He added: "In the US, the buy, borrow, die method lets fortunes cascade across generations with minimal tax friction.
55% : "The worst-case scenario would be paying capital gains tax to sell down an asset, give the cash to an heir and then pass away shortly thereafter.
52% : This would mean paying 24pc capital gains tax on sale and then a further 40pc inheritance tax on death.
49% : By 2025, they're worth $10m. If she sold those shares, she'd pay around $2.25m in federal capital gains tax.
49% : "Taking into account the highest rate of capital gains tax is currently 24pc in the UK, compared to inheritance tax at 40pc, if succession planning is the goal, then it would make sense to sell down assets and then gift prior to death.
48% : "Debts on assets which are payable by an estate are deductible, helping to reduce the valuation for inheritance tax purposes.

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