IHT for non-dom's

Trusts Discussion
4

My view regarding spouses/CPs is that:

Non-dom to non-dom = spouse exemption available

Dom to dom = spouse exemption available

Non-dom to dom = spouse exemption available

Dom to non-dom = spouse exemption NOT available – you get the restricted spouse exemption (£325K) and any available nil rate band.

Jill MacMahon
Thackray Williams LLP