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IHTM12224 | Succession: Scottish Prior and Legal rights: Legal rights: Other Inheritance Tax implications

From HM Revenue & Customs · Inheritance Tax Manual

Legal rights have a number of implications for Inheritance Tax. You may need to consider:

  • the effect on the deceased’s estate (IHTM12222)

  • the effect where legal rights are discharged (IHTM12223)

  • the value of legal rights as an asset in the estate of someone who has died (IHTM10302)

  • the value of legal rights as a debt in the estate of someone who has died (IHTM10303)

  • the treatment of legal rights for grossing up (IHTM26001)