I5.1009 Trust Income Arising During Bankruptcy

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Commentary

IHT, trusts and estates

When an individual becomes bankrupt, their property (and rights in respect of such property) vests in their trustee in bankruptcy. A trustee in bankruptcy administers and distributes the bankrupt's assets for the benefit of the bankrupt's creditors¹.

Any

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E5.607 Corporate members

B6.749 ATED—property developers

D1.8101 Groups of companies

I3.750 POAT—introduction to existing arrangements

D7.1140 Methods of leaving the REIT regime

C2.501A Compensation and capital gains tax—overview

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