Inheritance tax Exempt transfers and relief Business property relief
Replacement property Deceased having liferent interest in family estate
Deceased declared to be fee simple proprietor of the estate Deceased
entering into partnership with intended successor Whether deceased s
interest in partnership, which subsisted immediately before his death,
replaced previous business carried on by deceased Whether business
excluded from business property relief as consisting mainly of making or
holding investments Inheritance Tax 1984, ss 105(1), (3), 107.