Kent Solicitors

Executors may need to consider naming a particular type of relief (under Section 178-198 Inheritance Tax Act 1984) if the value of a property comprises if an estate falls well below the value declared for probate purposes.

If the property is genuinely un-saleable, there may be a way round the anti-avoidance provision to the effect that such relief is not available if the property is sold to a beneficiary.

Call Vanessa Adamson 01622 844 607 on to discuss further

Labels: property, Wills Probate Inheritance