Donate SIGN UP
Home > Law > Inheritance Tax

Inheritance Tax

Avatar Image
Marky101 | 12:49 Mon 17th Jun 2024 | Law
2 Answers

can gross value of estate for iht and gross value for probate be the same? 

Just can't work out the difference. 

prev How Much Time Is Considered A Long Enough For A Person Paying Rent To Have Rights To Stay In The Property
  
next Firearms Law
Gravatar

Answers

1 to 2 of 2rss feed

Best Answer

No best answer has yet been selected by Marky101. Once a best answer has been selected, it will be shown here.

For more on marking an answer as the "Best Answer", please visit our FAQ.
Avatar Image ToraToraTora

They can be but some things are not IHT liable.

12:52 Mon 17th Jun 2024
Avatar Image barry1010

Good, clear explanation here 

https://www.tollers.co.uk/do-i-need-to-value-an-estate-when-someone-dies/#:~:text=taken%20into%20consideration.-,Gross%20and%20net%20values%20for%20Probate%20purposes,to%20the%20surviving%20joint%20owner).

12:59 Mon 17th Jun 2024

1 to 2 of 2rss feed

Do you know the answer?

Inheritance Tax

Answer Question >>