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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
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Legatees: sells interest in estate before assets vest

At the time of this disposal the legatee does not have an interest in any specific assets of the estate. All he or she owns is a chose is action, see CG30760. This is personal to the legatee and cannot be disposed of. What the legatee actually sells is an expectation of property to be received by the estate in the future.