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HMRC internal manual

Inheritance Tax Manual

Provisions relating to Legitim: notice of election

Where the executors wish to elect (IHTM35213) for the provisions of IHTA84/S147 (4) to apply, you should send form 123 to them for completion. This form is the ‘prescribed’ form for the purpose in accordance with IHTA84/S257(1). All of the executors, not just the deponing executor, who confirmed to the estate must sign the election form.