Probate

Executors or administrators are also responsible for finding out if inheritance tax is due as a result of a person’s death. If it is, they are to make sure that it is paid.

Whether inheritance tax needs to be paid can depend on

• How much the property and belongings of the dead person were worth when they died;
• The value of any gifts that they gave before they died, and who they gave these gifts to, and when;
• The value of certain trusts from which the dead person benefited; or
• Which people benefit under the will or under the rules of intestacy (the beneficiaries).