Related Commentary  

4(1)  An excepted estate means the estate of a person immediately before his death in the circumstances prescribed by paragraphs (2), (3) or (5).

4(2)  The circumstances prescribed by this paragraph are that–

(a)the person died on or after 6th April 2004, domiciled in the United Kingdom;

(b)the value of that person’s estate is attributable wholly to property passing–

(i)under his will or intestacy,

(ii)under a nomination of an asset taking effect on death,

(iii)under a single settlement in which he was entitled to an interest in possession in settled property, or

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