Husband created an IPDI. Immediate post death interest. Will trust became active on first death. Going to have a go at probate I have studied the forms but got stuck on these two questions when inputting details for IHT calculations.
What was the value of tax free allowance the person who died inherited? Answer 0
I think 0 is the right answer as he died first.
What was the value of assets held in trust that they were able to benefit from? Answer 0. He died first and his will created a trust on his death and am still alive. Have I answered these questions correctly? Thanks
What was the value of tax free allowance the person who died inherited? Answer 0
I think 0 is the right answer as he died first.
What was the value of assets held in trust that they were able to benefit from? Answer 0. He died first and his will created a trust on his death and am still alive. Have I answered these questions correctly? Thanks


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