Andrew Goldstone and Judith Robertson (Mishcon de Reya) review the latest tax developments affecting private clients.
Routier: IHT on charitable gift
In Routier & Anor v CRC [2014] EWHC 3010 (Ch) (reported in Tax Journal 23 September 2016) the High Court considered the availability of the IHT exemption for gifts to charities under IHTA 1984 s 23.
The facts are as follows. Beryl Coulter died in October 2007 domiciled in Jersey but with assets in the UK worth around £1.8m. Mrs Coulter’s residuary estate was left by her will on trusts known as ‘the Coulter Trust’ for the purpose of building homes for the elderly in the parish of St Ouen Jersey (or in default to another charity known as Jersey Hospice Care). The Coulter Trust was established under Jersey law...
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Andrew Goldstone and Judith Robertson (Mishcon de Reya) review the latest tax developments affecting private clients.
Routier: IHT on charitable gift
In Routier & Anor v CRC [2014] EWHC 3010 (Ch) (reported in Tax Journal 23 September 2016) the High Court considered the availability of the IHT exemption for gifts to charities under IHTA 1984 s 23.
The facts are as follows. Beryl Coulter died in October 2007 domiciled in Jersey but with assets in the UK worth around £1.8m. Mrs Coulter’s residuary estate was left by her will on trusts known as ‘the Coulter Trust’ for the purpose of building homes for the elderly in the parish of St Ouen Jersey (or in default to another charity known as Jersey Hospice Care). The Coulter Trust was established under Jersey law...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
