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You need to complete 3 main tasks when you value the estate with your chosen advocate. We would be happy to put you in touch with recommended local solicitors.
2. Estimate the estate’s value. This will affect how you report the value to HMRC, and the deadlines for reporting and paying any Inheritance Tax.
If the person who died was widowed or is giving away their home to their children, the tax threshold can be higher.
Whether there’s tax to pay will affect how you report the estate’s value, and the deadlines for reporting and paying any tax.