When a Deed of Appointment has been prepared before submission of IHT400 to pass property outright to a spouse to reduce IHT - would you submit the Deed of Appointment with the IHT400 or simply increase the amount of the spouse exemption?
Yes, submit a copy of the deed of appointment, otherwise what evidence does HMRC have that the estate is entitled to the exemption.
Paul Saunders FCIB TEP
Independent Trust Consultant
Providing support and advice to fellow professionals
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