As an alternative to the basic rule (IHTM35212) the executors can, if they so wish, elect under IHTA84/S147(3) that the provisions of IHTA84/S147(4) should apply to the estate. Where this happens, you can allow full spouse or civil partner exemption (IHTM11031) (IHTM11032) on the testator's death.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.