Commentary

I5.339 Events within two years of the death of a testator

IHT, trusts and estates

I5.339 Events within two years of the death of a testator

I5.339 Events within two years of the death of a testator

Where property has been settled by a person's Will, no charge to IHT is made1 on the occurrence, within two years of his death, of an event that would otherwise have given rise to a charge under the provisions for settlements without a qualifying interest in possession (exit charges under IHTA 1984, s 58–85). The dispositions that then take effect are treated as if they were dispositions taking effect on his death under the Will2.

The main interest of this provision lies in

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