IHTM16024 - General procedure: the event forms

When the trustees complete an IHT100 they should also complete an event form. There are two event forms which are used for interest in possession (IHTM16060) trusts, IHT100a and IHT100b.

Form IHT100a is completed in the following circumstances.

• If the deceased made a lifetime transfer within seven years of death into a trust for a disabled person within IHTA84/S89 (IHTM42085).

• If before 22 March 2006 the deceased made a lifetime transfer within seven years into

  • an interest in possession trust, or
  • an accumulation and maintenance settlement within IHTA84/S71 (IHTM42807)

Form IHT100b is completed in the following circumstances.

• if the deceased had an interest in possession at the date of death. Where the deceased became beneficially entitled to the interest on or after 22 March 2006, the form will only be appropriate if it is an immediate post-death interest, a disabled person’s interest or a transitional serial interest (IHTM16061).
• if there was a failed potentially exempt transfer (PET) (IHTM04063) when an interest in possession came to an end within seven years of death. Where the interest in possession arose on or after 22 March 2006, the form will only be appropriate if it was an immediate post-death interest, a disabled person’s interest or a transitional serial interest (IHTM16061).