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Commentary

I1.5100 Introduction to settled property and IHT

IHT, trusts and estates

I1.5100 Introduction to settled property and IHT

The IHT regime applies to settled property. The regime is however distinct from that applying to individuals in respect of relevant property trusts.

It is important to be aware that a major change in the rules around the IHT treatment of settlements happened on 22 March 2006. Before this date lifetime settlements which were created with an

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