This section explains for the purposes of sections 8E , 8F, 8FA, 8FB and 8M whether a person ("B") inherits, from a person who has died ("D"), property which forms part of D's estate immediately before D's death.
B inherits the property if there is a disposition of it (whether effected by will, under the law relating to intestacy or otherwise) to B.
Subsection (2) does not apply if—
Where the property becomes comprised in a settlement on D's death, B inherits the property if—
Where, immediately before D's death, the property was settled property in which D was beneficially entitled to an interest in possession, B inherits the property if B becomes beneficially entitled to it on D's death.
Where the property forms part of D's estate immediately before D's death as a result of the operation of section 102(3) of the Finance Act 1986 (gifts with reservation) in relation to a disposal of the property made by D by way of gift—