Nader & Ors v Revenue & Customs (INHERITANCE TAX : Trusts) [2018] UKFTT 294 (TC)
Notes: INHERITANCE TAX - "death-bed" avoidance scheme - whether a reduction in value of deceased's estate - creation of £1 million liability on acquisition of trust "Income Interest" - whether transfer of value - whether intention to confer a gratuitous benefit within section 10 IHTA - whether an "element of bounty" required for the definition of "settlement" and "settlor" in ss 43and 44 IHTA- appeals dismissed
Cited in 2 later judgments