lifetime transfer

lifetime transfer
Same as inter vivos transfer.

Ballentine's law dictionary. . 1998.

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  • chargeable lifetime transfer — England, Wales Lifetime transfers of value (transfer of value) (broadly, gifts) that are immediately chargeable to inheritance tax at 20% (subject to any exemptions and reliefs and also subject to the individual s nil rate band). Broadly, a… …   Law dictionary

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