Exempt and non-exempt will residue: Re Benham and Re Ratcliffe issues | Practical Law

Exempt and non-exempt will residue: Re Benham and Re Ratcliffe issues | Practical Law

This practice note looks at the tax issues that can arise when a will is drafted so that the residuary estate is divided between exempt and non-exempt beneficiaries. The leading cases Re Benham's Will Trusts and Re Ratcliffe (deceased) are discussed.

Exempt and non-exempt will residue: Re Benham and Re Ratcliffe issues

Practical Law UK Practice Note 0-517-0855 (Approx. 12 pages)

Exempt and non-exempt will residue: Re Benham and Re Ratcliffe issues

MaintainedEngland, Wales
This practice note looks at the tax issues that can arise when a will is drafted so that the residuary estate is divided between exempt and non-exempt beneficiaries. The leading cases Re Benham's Will Trusts and Re Ratcliffe (deceased) are discussed.