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Inherited property and FTB status
Comments
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If the deceased outlived their husband/wife/civil partner, they would inherit their nil rate band- so £650 K in total , so no IHT would be due, even without any RNRB associated with the property.
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Solicitor or accountant - someone who really understands these things (check first).
Someone has set out what the implications are for FTB, but note that they can only report what the situation is NOW. Any future government may change that, for better or worse.
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