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Inheritance tax and life insurance
MelPond
Posts: 3 Newbie
I’m currently filling in the inheritance tax forms for my late mum’s estate and I’m not sure whether I need to include details of a lump sum from a life insurance policy which was held in trust, even though it’s not part of the estate or subject to IHT. If I do need to include it does anyone know where? Thanks in advance.
0
Comments
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Sorry, couldn’t find the edit button but need to correct myself. It’s life assurance, not insurance.0
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No, it does not need to be declared on the IHT forms.1
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Thank you, that’s a relief.0
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