ISAs: transfer to spouse on death

Isa SavingsThe ISA regulations will be amended to allow the transfer on death of an individual’s ISA savings to a surviving spouse or civil partner without losing the related tax advantages. This will be done by giving the survivor an additional ISA allowance, equal to the value of the deceased’s ISA savings at the date of death.
This measure takes effect from 6 April 2015, in respect of deaths on or after 3 December 2014.


More from our blog

See all posts
No Comments

Leave a Comment