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Question of the week: The seller of a property held as joint tenants dies after the exchange but before completion. For inheritance tax purposes, should the half share of the house or the right to receive a half share of the sale proceeds (which then pass to the surviving joint owner by survivorship) be reported?

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Published on: 15 May 2024

Published by a LexisNexis Private Client expert

Article summary

This Q&A considers the IHT reporting implications where one of the sellers of property held as joint tenants dies between exchange and completion.

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