The personal representatives of a deceased person must deliver to the Board an account specifying to the best of their knowledge and belief (IHTA 1984, s. 216(1) and (3)):

all property which formed part of the deceased's estate immediately before his death;

all property to which was attributable the value transferred by any chargeable transfers within seven years before his death; and

the value of that property.

Want to read more?

This content requires a Croner-i Tax and Accounting subscription.

Existing subscriber? Log in

No subscription?

Contact us to discuss your requirements.