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Posted 3 months ago by ciara12
Hi, What IHT implications are there on the below; When a parent died they left money in a trust, the trustees then bought a property with the money. The trust isn't 10 years old but could you advise on what happens if it is. Is there a exit charge if the property is going to be transferred into the beneficiaries name. Thank you.
Posted 3 months ago by HMRC Admin 8 Response
Hi,
This forum is for general queries only and is intended to help you self-serve.
We are unable to provide specific advice tailored to individual circumstances.
Alternatively, you may wish to engage the services of a professional advisor/accountant to assist with your enquiry.
Thank you

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