Bereaved minor

Resource type: Glossary item

Status: Maintained

Jurisdiction: United Kingdom

For inheritance tax (www.practicallaw.com/3-382-5648) (IHT) purposes, a person who is under the age of 18 and at least one of whose parents has died (section 71C, Inheritance Act 1984 (IHTA 1984)). "Parent" for these purposes includes a step-parent, and someone who has parental responsibility (www.practicallaw.com/resource.do?item=:42476735) for the minor under the Children Act 1989 (section 71H, IHTA 1984).

Trusts for bereaved minors (www.practicallaw.com/resource.do?item=:42419896) have beneficial IHT treatment (see Practice note, Taxation of UK trusts: overview: Trusts for bereaved minors (www.practicallaw.com/0-383-6634)).

A bereaved minor is also a vulnerable person (www.practicallaw.com/3-382-6327) for income tax (www.practicallaw.com/4-382-5643) and capital gains tax (www.practicallaw.com/8-107-5849) purposes (see Practice note, Taxation of UK trusts: overview: How income tax and CGT apply to trusts for vulnerable persons (www.practicallaw.com/0-383-6634)).

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  • After DeathAfter Death (http://plc.practicallaw.com/8-383-2284)
  • TrustsTrusts (http://plc.practicallaw.com/0-383-2283)
  • WillsWills (http://plc.practicallaw.com/6-383-2275)
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