inheritance tax 2 Flashcards
1
Q
true or false - iht is only charged when someone inherits a deceased person’s estate
A
2
Q
when is iht payable on gifts made in a person’s lifetime?
A
3
Q
if a person dies owning an undivided share in a beneficial joint tenancy of a property - is iht charged on that undivided share after death?
A
4
Q
true or false- the beneficiaries are responsible for paying iht on the testattor’s estate after death?
A
5
Q
lifetime transfers
A
6
Q
A
