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In Glyne T Harris as personal representative of Helena Norma McDonald (deceased) v HMRC [2018] TC06448 a personal representative was held liable for the estate IHT; assets were transferred to a beneficiary who had returned overseas without settling the tax as promised.

The Inheritance Tax Act 1984 provides that:

Mr Harris was the appointed personal representative of the late Helena Norma McDonald:

The First Tier Tribunal struck out the appeal as having no reasonable chance of success:

A cautionary tale for those who have agreed to act as personal representative without being clear about their legal obligations.

Links:

IHT: Transfer of value 

IHT: Estate planning checklist 

External Links:

Glyne T Harris as personal representative of Helena Norma McDonald (deceased) v HMRC [2018] TC06448

 


 

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