FTTTx Inheritance Tax – pension policy – potential death benefits held in discretionary trust – rights to pension benefits retained by policyholder – policyholder terminally ill – whether omission to opt to take retirement benefits diminished policyholder’s estate and increased that of discretionary trust – yes – valuation of diminution in estate – appeal dismissed subject to variation of determination and adjustment of value of diminution
[2010] UKFTT 87 (TC), [2010] SFTD 632, [2010] WTLR 815
Bailii
England and Wales
Inheritance Tax
Updated: 11 November 2021; Ref: scu.408924
