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IHT and Property
Comments
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Don't charitable donations get removed from the inheritable estate BEFORE the IHT is calculated?0
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Assuming the legacy is in fact the flat (or a part of it) there is a probability that it should not be subject to any IHT UNLESS the Will specifically says it should bear it's own share of the bill.Where specific gifts of UK property are made out of the free estate, such gifts are free of tax unless the will specifies otherwise (IHTA 1984, S211
https://www.gov.uk/hmrc-internal-manuals/inheritance-tax-manual/ihtm261240
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