Part 2: Inheritance Tax Section 14: Distributions etc. from property settled by will Background note
This amendment resolves an anomaly in IHTA 1984 and ensures that where an appointment is made within three months of the date of death in favour of the deceased’s surviving spouse or civil partner, it can be read back into the will and exemption under section 18 can be given.
	This section is related to three others in this Act which make changes to the relevant property trust legislation. The other sections are 11- Calculation of rate of inheritance tax on settled property, 12 - Exemption from tenyearly charge for heritage property and 13 - Settlements with initial interest in possession.