Commentary

I1.519 Post death rearrangement

IHT, trusts and estates

I1.519 Post death rearrangement

I1.519 Post death rearrangement

There are various ways in which events or dispositions subsequent to death are treated for IHT purposes as dispositions made by the deceased, with the principal consequence that the extent to which the deceased's estate on death is exempt may be increased or decreased accordingly.

The main and most important example is instruments of variation1 (see I4.411–I4.415, I4.417–I4.419). These are written instruments made within two years of a deceased person's death by the persons who benefit under the dispositions taking effect on the deceased's death—dispositions by will, intestacy, or the right of accruer under a joint tenancy—whereby

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