Hugh Lowther, the eldest son of the seventh Earl of Lonsdale, has been left with no other option but to sell his family's mountain in the English Lake District to cover Inheritance Tax (IHT) liabilities on his late father's estate. The decision of the new earl has brought much attention as the sale of Saddleback Fell is probably the first property divestment of its kind, the Society of Trust and Estate Practitioners (STEP) reports.
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