The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Inheritance Tax Forms & Calculating Spousal Exemption

2»

Comments

  • D2023
    D2023 Posts: 11 Forumite
    First Post
    Oh ok, thanks, I think I know what you mean, I will try to have another go - I will come back here crying if I still can't figure it out! I will explain my workings in the notes in IHT400 and hopefully that will be ok.

    Sorry, I forgot to add earlier, there is no marital home as parents live with the children and the 2 properties are rented out.
  • Keep_pedalling
    Keep_pedalling Posts: 20,514 Forumite
    Tenth Anniversary 10,000 Posts Name Dropper Photogenic
    D2023 said:
    Oh ok, thanks, I think I know what you mean, I will try to have another go - I will come back here crying if I still can't figure it out! I will explain my workings in the notes in IHT400 and hopefully that will be ok.

    Sorry, I forgot to add earlier, there is no marital home as parents live with the children and the 2 properties are rented out.
    For IHT purposes that might be a very bad situation as there may be no RNRB on her death.
  • D2023
    D2023 Posts: 11 Forumite
    First Post
    Yes, some planning will definitely be required going forward
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 350.5K Banking & Borrowing
  • 252.9K Reduce Debt & Boost Income
  • 453.3K Spending & Discounts
  • 243.5K Work, Benefits & Business
  • 598.1K Mortgages, Homes & Bills
  • 176.7K Life & Family
  • 256.6K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.