Category: interest in possession

  • Hall [2023] UKFTT 00032 (TC)

    Hall [2023] UKFTT 00032 (TC)

    No Interest in Possession trust arises over the house where estate assets, apart from the house in question, are insufficient to pay the Inheritance Tax, but the beneficiaries choose to pay the Inheritance Tax personally and retain the house: https://financeandtax.decisions.tribunals.gov.uk/judgmentfiles/j12625/TC%2008691a.pdf

    Read more: Hall [2023] UKFTT 00032 (TC)