Beneficiaries’ gift of excess income was a settled intention and the gifts were exempt from Inheritance Tax.
Citations:
Ind Summary 13-Feb-1995
Statutes:
Jurisdiction:
England and Wales
Inheritance Tax
Updated: 07 July 2022; Ref: scu.78336
Beneficiaries’ gift of excess income was a settled intention and the gifts were exempt from Inheritance Tax.
Ind Summary 13-Feb-1995
England and Wales
Updated: 07 July 2022; Ref: scu.78336