Beasant v Royal Commonwealth Society for the Blind & ors [2022] WTLR 853
Wills & Trusts Law Reports | Autumn 2022 #188By her will (which was drafted by a legal executive of the third defendant), Audrey Thelma Anita Arkell (the testatrix) gave the ‘Nil-Rate Sum’ to the appellant. This was defined as:
‘… the largest sum of cash which could be given on the trusts of this clause without any inheritance tax becoming due in respect of the transfer of the value of my estate which I am deemed to make immediately before my death.’
Subsequent clauses gave her residence, personal chattels and specified shares to the appellant ‘free of inheritance tax’ and her net residuary es...