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Probate and inheritance tax
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andrewm1981
Posts: 124 Forumite
in Cutting tax
Just a quick technical question- is the value of a property for inheritance tax purposes calculated at the date of passing, or the date when probate etc is granted. Thinking probate could well take 6 months (no will etc), it's already taken 3!
Thanks
Thanks
0
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Hi,
It will be calculated on the date of passing. Also I think it will be the letter of Administration as there is no will.
Hope that helps
Chris0 -
Date of death.0
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Thanks for the replies guys :-)0
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