Commentary

I12.1121 Wills of married couples or civil partners—provision for the survivor on the death of the first to die

IHT, trusts and estates

I12.1121 Wills of married couples or civil partners—provision for the survivor on the death of the first to die

Review of existing wills after FA 2006 and FA 2008

I12.1121 Wills of married couples or civil partners—provision for the survivor on the death of the first to die

Wills for married couples or civil partners have been typically structured so that under the will of the first to die there will be a nil-rate band discretionary trust, with an absolute interest or an interest in possession in the remainder of the estate given to the survivor. The requirements for creating an IPDI (see I5.205) are such that an interest in possession such as a life interest for the

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