.png)
.png)
The better half
KEY POINTS
- The spouse exemption should not override other inheritance tax considerations.
- IHTA 1984 s 120 provides tax relief if a recipient dies soon after inheriting property.
- Possible use of deeds of variation.
- Replacement property and lifetime transfers.
- Maintain accurate property values.
With the proposal that heterosexual couples should be able to form civil partnerships it is important to consider inheritance tax and will planning around marriage and civil partners. This can affect matters such as death in quick succession replacement property inter-spouse transfers and will claims. The focus of the farming industry is currently on the impact of the Agriculture Bill and Green Brexit together with the resultant serious changes to farming structures that such drama will bring . There is also speculation about the potential...
Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
