Jersey Court creates a new exception to the revenue rule

Table of contents

• Facts
• US estate tax
• The new exception to the revenue rule
• The apportionment between A's immovable and movable estate
• Conclusion

Article summary

Private Client analysis: Keith Dixon, partner, and Elizabeth Le Guillou, head of wills and probate at Carey Olsen LLP explore the recent development of a new exception to the revenue rule in Re Representation of Viberts Executors Limited and Ross Badge.