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Charity was entitled under will to the nil rate band sum

By Mark McLaughlin, December 2021

The correct interpretation of the deceased’s will meant that the sum due under the relevant clause was the amount left, if any, after deducting all other legacies on which inheritance tax was charged at the nil rate. As those other legacies exceeded the nil-rate limit, there was no sum payable to the first defendant under that clause.

Summary

The correct interpretation of the deceased’s will meant that the sum due under the relevant clause was the

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Charity was entitled under a will to the nil rate band sum
By Mark McLaughlin, December 2021