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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
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Liability to date/death: deceased competent to dispose: pship. interests

Many partnership agreements provide that on death the interest in the partnership assets automatically passes to the surviving partner(s). Interests in such assets therefore devolve on death in precisely the same way as interests in joint tenancies and cannot be disposed of in a will. However the definition has not been extended to include such assets. These interests should be dealt with according to the instructions on partnership assets, see CG27000.