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Home / Simons-Taxes /IHT, trusts and estates /Part I5 Settled property /Division I5.1 Settled property—overview and key definitions /The settlor and trustee for IHT / I5.135 Trustees acting outside their powers

I5.135 Trustees acting outside their powers

IHT, trusts and estates

Many occasions of IHT charge on settled property arise from exercises by trustees of their fiduciary powers. Such occasions of charge are more common in relation to discretionary trusts. If trustees exercise a power but fail to satisfy all the requirements for its exercise their actions may be void or

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I7.333A Companies and replacement APR property

B3.340A Hire purchase of plant and machinery and similar contracts

B4.130 Summary of OECD guidelines on arm's length principle

C2.1020 Employment-related securities options and capital gains

I9.325 Foreign pensions free from IHT

A1.810 Limitation

E5.406 Employees of European Union delegations—tax exemptions

I5.251 Absolute entitlement by the life tenant

E8.811 National Insurance number—refusal of application

C2.1231 Leases—deemed premiums

C2.1168 Property rich collective investment vehicles—ceasing to meet the exemption election requirements

D1.404B Large company definition for R&D tax relief

B3.1006 The relevant interest

I5.221 Lifetime termination of QIIP—general

I5.1122 More than one settlor (income tax and CGT)

D6.711 Liquidation—capital gains implications

D6.330 Special situations involving a transfer of trade with common ownership—business of leasing plant or machinery

E1.416 Dividends from non-UK resident companies—general

I5.1304 Beneficiary with contingent interest

D1.1422 Calculating NGIE and ANGIE