Step 4: Value the estate
What to include in an estate value, how accurate you need to be, and when you need to consider Inheritance Tax reporting.
Valuing an estateHow to value an estate in Scotland, how accurate different estate valuations need to be, and what to include in the value for Confirmation.
Financial asset searchHow to find accounts and assets you didn’t know about, which can save a lot of time and money for the estate.
Inheritance Tax and the IHT400Understand when you might need the IHT400 form to report the estate to HMRC, including how to pay Inheritance Tax, or claim exemptions.
How to value shares for ConfirmationA step-by-step guide for finding the share value you should give on the C1 Confirmation form.