we have been asked to deal with an estate tax return to report a property disposal following death. Having received the paperwork it would appear the mother (who occupied the property) entered into a DOT in march 2021 with her daughter, The DOT states that the trustees (mother and daughter) hold the property as TIC, mother shall occupy and that on sale of the property the daughter is to receive a fixed sum with the remainder of the proceeds being payable to mother. Mother has then died a year later. Currently the previous agent has treated 100% of the sale as an estate sale for CGT and reported this on the property return and for IHT they have shown 100% of the value of the property but then claimed an IHT deduction for the fixed sum payable to the daughter (as a creditor under section 80 of the IHT400). I don’t believe the daughter contributed any money to the property but have asked for confirmation of this. If she hasn’t contributed is the fixed sum not a failed PET or a GWROB and so for IHT the estate should be taxed on just the value of the property? For CGT I wondered if the DOT has created an IIP trust over the share that the daughter is entitled to albeit the DOT doesn’t specify a % ownership but rather a fixed amount of proceeds - any thoughts appreciated?