Commentary

I3.623 Surviving spouse exemption

IHT, trusts and estates

I3.623 Surviving spouse exemption

I3.623 Surviving spouse exemption

Where the widow or widower of someone who died before 13 November 1974 has an interest in possession under the deceased's Will or intestacy, the estate duty surviving spouse exemption may apply in relation to the property subject to the interest in possession, and can do so on a lifetime termination of the interest as well as on death. The conditions for this exemption to apply are described in I5.921–I5.926.

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