Trusts and Estates
Briefing
Market value at death – do not be intimidated
A recent case heard before the Lands Chamber
Chadwick (Hobart’s Executors) v HM Revenue and Customs Comrs [2010] UKUT 82 (LC) was won by the taxpayer. This case gives hope to the importance of fighting genuine market value for
figures for property valued at date of death IHT purposes in good faith and with strong research.