Q&As

In an immediate post-death interest trust, where a dividend was declared before the death of the life tenant but was received after their death, is the income due to the life tenant’s estate or to the trust's remainder beneficiaries?

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Published on: 24 January 2025
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As you have noted, IHTM16171—Accrued And Apportioned Income: Accrued Income provides that there is a distinction between accrued income and income arising after death:

'Accrued income is income which is due to the life tenant at the date of death, but had not been paid over prior to death. This may happen, for example, where a dividend on company shares has been declared and is due for payment in the life tenant’s

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United Kingdom

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