Inheritance Tax Act 1984 section 17

Changes in distribution of deceased's estate, etc.

Section 17 identifies certain changes to the distribution of a deceased person's estate that are not treated as transfers of value for inheritance tax purposes.

• A variation or disclaimer of a will or intestacy made within the rules of section 142 is not a transfer of value.
• A transfer of property made to comply with a deceased person's wishes, as covered by section 143, is not a transfer of value.
• An election by a surviving spouse or civil partner under the Administration of Estates Act 1925 to capitalise a life interest is not a transfer of value (though this is largely historic since October 2014).
• In Scotland, the renunciation of a claim to legitim or equivalent civil partnership rights within the permitted time limits under section 147 is not a transfer of value.

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