Commentary

I12.806 The estate duty surviving spouse exemption

IHT, trusts and estates

I12.806 The estate duty surviving spouse exemption

I12.806 The estate duty surviving spouse exemption

This exemption is discussed at I5.921–I5.926. Interests in possession trusts within this exemption should be allowed to continue until the death of the life tenant, and should not be assigned or surrendered, so as to maximise the benefits of IHT exemption and non-aggregation.

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