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  • Trusts - question 4 on forms IHT205 and C5

Trusts - question 4 on forms IHT205 and C5

This guide answers common questions about trusts on the Inheritance Tax 'Return of Estate Information' forms IHT205 and C5.

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Trusts - question 4

This question is only relevant if the deceased benefited personally from assets held in an 'interest in possession' trust. In this case, the estate will only be an excepted estate if both of the following applies:

  • the value of the assets in the trust was less than £150,000
  • the deceased only benefited from a single trust

If the deceased didn’t have a trust, or if their trust wasn't an 'interest in possession' trust, answer 'no' to this question and move on.

Find out more about trusts

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More useful links

Download the IHT206 guidance notes for form IHT205 (PDF 535K)

Download the C3 guidance notes for form C5 (PDF 345K)

Find out more about trusts and Inheritance Tax

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