UK Probate Process

Since Inheritance Tax is based on the uk probate process valuation on the date of death and that information must also be supplied to the court, the first step will be to identify and appraise the deceased's assets and debts. Because of this, the executor will have to decide which exclusions and reliefs apply in order to determine the final IHT liability in addition to working with numerous organizations and professional appraisers to obtain this data.

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