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Immediate Post-Death Interest

The Finance Act 2006 defined an immediate post-death interest (IPDI) trust as one where a person has an interest in possession in settled property and all the following apply:

  • the settlement was effected by Will or under an intestacy
  • the beneficiary became beneficially entitled to the interest in possession on the death of the testator or intestate.

Learn more about Fixed Fee Trusts with our Trust FAQs.

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