Interests in possession: a critique of Hall v HMRC

IF 0.2 Q4 LAW
James Anson-Holland
{"title":"Interests in possession: a critique of Hall <scp>v</scp> HMRC","authors":"James Anson-Holland","doi":"10.1093/tandt/ttad079","DOIUrl":null,"url":null,"abstract":"Abstract Does a beneficiary with a life interest in a particular property under a will have an enforceable right to occupy that property in circumstances where a third party voluntarily pays an estate debt that could only otherwise have been satisfied by the executors selling the property? The recent decision in Hall v HMRC [2023] UKFTT 32 (TC) held that no such right existed and, as a result, the life-interest beneficiary did not have an ‘interest in possession’ for inheritance tax purposes. This article questions that result by arguing that the third-party payments discharged the estate debt and granted the life-interest beneficiary an enforceable right to occupy the property following the administration of the estate such that an ‘interest in possession’ must arise.","PeriodicalId":43396,"journal":{"name":"Trusts & Trustees","volume":"36 9","pages":"0"},"PeriodicalIF":0.2000,"publicationDate":"2023-10-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Trusts & Trustees","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1093/tandt/ttad079","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"LAW","Score":null,"Total":0}
引用次数: 0

Abstract

Abstract Does a beneficiary with a life interest in a particular property under a will have an enforceable right to occupy that property in circumstances where a third party voluntarily pays an estate debt that could only otherwise have been satisfied by the executors selling the property? The recent decision in Hall v HMRC [2023] UKFTT 32 (TC) held that no such right existed and, as a result, the life-interest beneficiary did not have an ‘interest in possession’ for inheritance tax purposes. This article questions that result by arguing that the third-party payments discharged the estate debt and granted the life-interest beneficiary an enforceable right to occupy the property following the administration of the estate such that an ‘interest in possession’ must arise.
占有利益:霍尔诉英国税务海关总署案批判
摘要在遗嘱中对某一特定财产享有终身权益的受益人,在第三方自愿支付只能通过遗嘱执行人出售该财产来偿还的遗产债务的情况下,是否具有占有该财产的强制执行权利?最近Hall v HMRC [2023] UKFTT 32 (TC)一案的裁决认为,不存在这样的权利,因此,终身权益受益人在遗产税方面没有“占有权益”。本文对这一结果提出质疑,认为第三方付款解除了遗产债务,并赋予终身权益受益人在遗产管理后占有财产的可执行权利,因此必须产生“占有权益”。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
求助全文
约1分钟内获得全文 求助全文
来源期刊
自引率
66.70%
发文量
92
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信