Residence Nil Rate Band

[sigmund]

My wife and I held our house (our sole residence) as joint tenants and, on her recent death, I automatically became the sole owner.

I understand that if I leave the house in my will to a direct descendant (e.g. daughter) that, in the event of my death, the residence nil rate band for both myself and my wife can be applied to my estate to off-set any IHT. However, I have two daughters and I would like to leave the property equally to them both as, for example, tenants in common. Would that still count in order to obtain the residence nil rate bands, or can I only leave it to one daughter?

Can anyone help? I find it most puzzling as all the literature only seems to refer merely to a direct descendent, i.e one descendent.

[AGoodman]

Yes, that's absolutely fine