Responsibility for paying the liability

The personal representatives will usually be responsible for paying the Inheritance Tax liability due on the deceased person ’s estate.

If there is a trust, then the trustees of the trust will be responsible for paying the liability on assets in the trust, or transferred into it.

If the liability is miscalculated 

If the amount of Inheritance Tax is calculated incorrectly, then the personal representatives could become personally liable for the balance at a later date.

If you are informed by the Probate Registry that a further Inheritance Tax liability is due, you should consider appointing a solicitor or other professional adviser to assist you. The cost of this legal advice will be paid from the estate.

Please note

The information which we provide through Lasting Post is in outline for information or educational purposes only. The information is not a substitute for the professional judgment of a solicitor, accountant or other professional adviser. We cannot guarantee that information provided by Lasting Post will meet your individual needs, as this will very much depend on your individual circumstances. You should therefore use the information only as a starting point for your enquiries.