B: INHERITANCE TAX OVERVIEW
1: GENERAL PRINCIPLES OF INHERITANCE TAX
252 Introduction to inheritance tax
Inheritance tax1is the first and most obvious concern of any testator with an estate valued such that IHT would arise. IHT attaches to property of all kind, including assets, cash, stock, shares, and all rights and interests of any description of the testator. The legislation extends the charge to individuals who are deemed UK domiciled (for many years those having