Q&As

Where property is left on trust to a surviving spouse on death, how should this be represented in the IHT400 account?

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Published by a LexisNexis Private Client expert
Published on: 26 March 2024
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Any property passing on the death of the deceased should be included in Schedule IHT405 . If the property is jointly owned, Schedule IHT404 should also be completed. See Practice Note: How to complete Form IHT400, in particular at ‘IHT404 and jointly owned assets’ and ‘IIHT405 and houses, land, buildings and interests in land’.

It is assumed that the property was held within the deceased's free estate and

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Jurisdiction(s):
United Kingdom

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