Q&As

The deceased in their Will left a NRB discretionary trust of their full estate. Within two years, the trust has been appointed to the deceased's daughter. The trust assets comprise more than 80% of the NRB. Do we need to complete an IHT100?

read titleRead full title
Published on LexisPSL on 06/11/2019

The following Private Client Q&A provides comprehensive and up to date legal information covering:

  • The deceased in their Will left a NRB discretionary trust of their full estate. Within two years, the trust has been appointed to the deceased's daughter. The trust assets comprise more than 80% of the NRB. Do we need to complete an IHT100?

The deceased in their Will left a NRB discretionary trust of their full estate. Within two years, the trust has been appointed to the deceased's daughter. The trust assets comprise more than 80% of the NRB. Do we need to complete an IHT100?

It is assumed that the relevant conditions set out in section 144(1) of the Inheritance Tax Act 1984 (IHTA 1984) are met.

IHTA 1984, s 144(2) applies where the conditions

Popular documents