A bit complex maybe! A discretionary trust (in a house and some land) was set up in a will made by my grandfather some 20 years ago. The trustee was my uncle who was not a beneficiary. The trust named my mother as a life beneficiary and myself and my brother as residuary devisee and legatees. Anyway, my grandfather died and probate was taken out by my uncle and granted. My mother continued to live in the house as always as did we. A couple of years ago my uncle passed away. Nothing was ever done regarding the ownership of the property, title still remains in my grandads name, and no trust tax was ever paid. I am wondering now, how this would be treated by the revenue. Ownership has to pass on at some stage and at what point in time would the inheritance tax be liable from ?