The various Lloyd's trust funds are not relevant property settlements for the purposes of IHTA 1984, ss 43–93 (Pt III)1. Thus a transfer in or out of a fund does not of itself give rise to a chargeable transfer.
If Lloyd's trust funds are settled property for IHT purposes, in the case of an individual who is a member of Lloyd's his Lloyd's trust
To continue reading
View the latest version of this document, as well as thousands of others like it, sign in to Tolley+™ Research or register for a free trial
Web page updated on 17 Mar 2025 16:23