Liability for inheritance tax
Close companies
Exceptions
Generally
Gifts made within seven years before death
Lifetime transfers
Accompanying transfer to spouse/civil partner
Generally
Persons liable, tax accruing because of transferors death
Persons liable, tax chargeable at time of transfer
Primary liability
Power to raise tax by sale or mortgage
Settled property
Non-resident trustees
Persons liable
Primary liability
Trustees, limitation of liability
Transfers on death
Limitation of personal representative's liability
Limitation of trustee's liability
Persons liable
Reimbursement of personal representatives
Transfers within seven years before death
Woodlands