Trusts and Estates
IHT – Treatment of liabilities
In the computing of the IHT liability arising on a death, or indeed a lifetime transfer, the value of the deceased’s (or transferor’s)
assets, and also liabilities have to be taken into account.
In the computing of the IHT liability arising on a death, or indeed a lifetime transfer, the value of the deceased’s (or transferor’s)
assets, and also liabilities have to be taken into account.