There are certain situations (see IHTM16061) where for IHT purposes trusts are subject tothe old treatment for interests in possession [‘qualifying IIPs’]. IHTA84/S49(1A) provides that the old IIP rules only apply where the interest in possession hasexisted since before 22 March 2006 or the IIP is an immediate post death interest (IPDI),a transitional serial interest (TSI) or a Disabled Deemed or Actual IIP, with thefollowing effects:

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