Home / Private Client / Q&As / Q&As

Legal News

Question of the week: What are the tax implications of an assignment by remainder beneficiaries of their entitlement under a Will trust, more than two years after the testator’s death?

Copyright © 2025 LexisNexis
Published on: 03 May 2023
Published by a LexisNexis Private Client expert

Article summary

This Q&A considers the tax implications of an assignment by remainder beneficiaries of their entitlement under a Will trust, more than two years after the testator's death

Powered by Lexis+®
Jurisdiction(s):
United Kingdom

Related documents:

4 News
View More
2 Practice notes
6 Q&As
View More
Powered by Lexis+®

Related documents:

4 News
View More
2 Practice notes
6 Q&As
View More

Popular documents

Historically, English law recognises two types of personal property—rights in possession, ie, tangible

Historically, English law recognises two types of personal property—rights in possession, ie, tangible things, and intangible legal rights enforceable by action. When was the last time a new category of property was recognised in English law?The Law Commission Report: Digital assets: Final report

What is the difference between an appeal and a review?

What is the difference between an appeal and a review?What is an appeal?An appeal in insolvency proceedings is no different to an appeal in normal litigation. An appeal will be allowed only if the appeal court is satisfied that the decision of the lower court was 'wrong' or 'unjust because of a

Late payment penalties—inheritance tax

Late payment penalties—inheritance taxWhile interest often accrues on overdue tax, the late payment of certain taxes may also attract a penalty. For information on the interest accruing on overdue tax, see Practice Notes: IHT—payment deadlines on death—Interest on IHT and Interest on late paid

Glossary—Latin legal terms

Glossary—Latin legal termsDespite attempts in recent years to simplify the language used in legal cases, there are still a number of Latin phrases commonly used in personal injury claims. The following Latin phrases are listed in alphabetical order:Latin