Commentary

I3.255 Transfers affecting related property

IHT, trusts and estates

I3.255 Transfers affecting related property

I3.255 Transfers affecting related property

The loss to an estate, and accordingly the value transferred, can be very much affected where there is related property. Related property is property comprised in the estate of the transferor's spouse (or civil partner), or that is (or has within the last five years been) the property of a charity or other exempt body (see I4.215–I4.218) as a result of an exempt transfer by the transferor or his spouse1.

Related property is aggregated with property in the transferor's estate, the aggregate is valued, and the value of that aggregate is then apportioned between the

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