IHTM04360 - Settled property to which the settlor's spouse, civil partner, widow(er) or surviving civil partner is entitled

Where a qualifying바카라 사이트痠nterest in possession (IHTM16062) in settled property comes to an end on the life tenant's death (IHTM04082) and on that event the settlor바카라 사이트檚 spouse or civil partner (IHTM11032) becomes beneficially entitled to the settled property, under바카라 사이트疘HTA84/S54 (2)바카라 사이트痶he property is left out of account in determining the value of the life tenant바카라 사이트檚 estate, provided that spouse or civil partner is聽long-term UK resident聽(where the life tenant바카라 사이트檚 death is on or after 6 April 2025)聽or was聽domiciled in the UK聽(where the life tenant바카라 사이트檚 death was before 6 April 2025).聽
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Where a person becomes beneficially entitled to an interest in possession on or after 22 March 2006, S54 (2) only applies if it is a disabled person바카라 사이트檚 interest, or a transitional serial interest, S54 (2A).聽
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Similar relief is provided by IHTA84/S53 (4) where such an interest comes to an end聽other than on death (IHTM04083) by excluding the charge under IHTA84/S52.聽
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The relief is extended to cover property to which the widow, widower or surviving civil partner of the settlor becomes beneficially entitled when the interest in possession comes to an end聽if the settlor died within the two years before the interest came to an end.聽
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Under IHTA84/S54 (2B)바카라 사이트痶he value of settled property is to be left out of account on the death of a life tenant who, on or after 22 March 2006, became beneficially entitled to an interest in possession in the property where:聽

  • The life tenant바카라 사이트檚 interest was an immediate post-death interest throughout;聽

  • The settlor has died聽less than two years before the life tenant바카라 사이트檚 death, and聽

  • If the life tenant바카라 사이트檚 death is on or after 6 April 2025, the settlor바카라 사이트檚 widow(er) or surviving civil partner becomes beneficially entitled to the property and is long-term UK resident.聽

  • If the life tenant바카라 사이트檚 death was before 6 April 2025, the settlor바카라 사이트檚 widow(er) or surviving civil partner became beneficially entitled to the property and was domiciled in the UK.


The limitations and restrictions contained at바카라 사이트�IHTM04352바카라 사이트痑nd바카라 사이트�IHTM04353바카라 사이트痑pply equally to these provisions聽

There are transitional provisions relating to excluded聽property which was comprised聽in a settlement at聽30 October聽2024聽these are set out at IHTM47022.聽