Inheritance Tax Act 1984 section 71C

Sections 71A and 71B: meaning of "bereaved minor"

Section 71C defines the term "bereaved minor" as used in the provisions dealing with trusts for bereaved minors and the associated inheritance tax charges.

• A "bereaved minor" is a person who is under 18 years of age and who has lost at least one parent through death.
• Both conditions must be met: the person must be below 18 and must have suffered the death of at least one parent.
• This definition applies specifically for the purposes of sections 71A and 71B, which govern the inheritance tax treatment of trusts established for bereaved minors.
• Once the person reaches age 18, they no longer qualify as a bereaved minor, regardless of whether a parent has died.