The anti-avoidance rules at I5.361 do not apply in the following circumstances.
Protected settlements
A protected settlement1 is a settlement which commenced before 10 December 2014 and which satisfies the following conditions:
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•ÌýÌýÌýÌý Condition A is met if there have been no transfers of value by the settlor on or after 10 December 2014 as a result of which the value of the property in the Settlement was increased.
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•ÌýÌýÌýÌý Condition B relates to additions of property to a settlement made by Will.
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The condition is met if there has been a transfer of value by the settlor or on after 10 December 2014 increasing the value of the settled property and that transfer was made on the settlor's death before 6 April 2017 as a result of a 'protected
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Web page updated on 17 Mar 2025 16:02