RELATED SETTLEMENTS
21/03/2009
Related settlements are of importance in the post 22 March 2006 world. These are settlements made on the same day by the same Settlor unless the property is held for charitable purposes only (s.62 IHTA 1984). Where two or more settlements are related to one another, the property comprised in them immediately after they commence will be taken into account when calculating the inheritance tax on any ten-year anniversary or distribution from any which are relevant property trusts - s.58 IHT 1984.
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