Sale of related property from deceased estate

Produced by a Tolley Trusts and Inheritance Tax expert

Trusts and Inheritance Tax

Guidance

This relief applies where assets in a deceased estate have been valued together with other assets for inheritance tax purposes so as to give an increased value, and they are subsequently sold for less than that value.

Valuation of related property

Most commonly, assets are valued together under the related property rules. A person's property is related to that of his spouse or civil partner, and

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