Grossing up for IHT of share of residue left to charity

Grossing up for IHT of share of residue left to...

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A Will leaves all the residue of an Estate to be divided between exempt(from IHT) and non-exempt beneficiaries, in varying percentage shares.There are no specific legacies whatsoever.The exempt beneficiaries are all charities.If there should be an IHT liability on the Estate and the Will specifies which beneficiaries should bear it,is there a grossing up calculation needed for IHT computation purposes?

The proposed wording in the Will regarding payment of IHT would be along these lines :-

"If there should be an IHT liability on the Estate,then the amount of tax due is to be paid by the non-exempt beneficiaries named in clauses(a)to....(e) from their shares in the same proportions as their shares bear to one another."

The beneficiaries named in clauses (a) to (e) are all individuals.
Richard Hale

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