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Renewal of Index-linked Savings Certificates and death of holder query.
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I spoke to a very helpful gentleman at NS&I yesterday who confirmed that ILSCs can be used to pay IHT using the DPS. Any not used for IHT can be cashed out (no need to wait for maturity), or transferred into the names of beneficiaries. Where they are transferred they would run until the original maturity date.7
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This is great information, thanks very much!SoozyJ22 said:I spoke to a very helpful gentleman at NS&I yesterday who confirmed that ILSCs can be used to pay IHT using the DPS. Any not used for IHT can be cashed out (no need to wait for maturity), or transferred into the names of beneficiaries. Where they are transferred they would run until the original maturity date.2
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