Financial Times Guide to Inheritance Tax, Probate and Estate Planning

334 Index

overseas (continued)

registering of death 8

overseas property 143–7

chargeability to IHT 143

and domicile 143, 144–5

and double taxation relief 146–7,

172–3

location of assets 145

valuation of 145–6

overseas trusts 272–3

PA1 (probate application form) 62,

63, 64, 70, 71–4

parents of the deceased

and intestacy 37

payment of IHT see inheritance tax:

payment of

payment protection insurance 48

pecuniary legacies 215, 217

Pension Service, The 45

pensions 19, 45

and trusts 279

valuing for inheritance

purposes 139

Perpetuities and Accumulations Act

(2009) 280

personal allowances 90

personal possessions

valuing for IHT purposes 44, 132

personal representatives 13

denition 58

see also executors/administrators

political parties, gifts to 243

post-mortem 4, 7, 8, 9

potentially exempt transfers

(PETs) 150, 150, 151, 162,

245–7, 246

pre-owned asset transfer

rules 159–60

premium bonds

valuing for IHT purposes 137

Principal Probate Registry

(London) 28, 56, 61

Principal Registry of the Family

Division (PRFD) 260

probate application 3–80

applying for grant of

representation 59–80

duties of executors/

administrators 21–5

intestacy 35–42

matters to address when someone

has died 13–19

obtaining details of assets and

liabilities 43–53

process of being granted 55–8

registering a death 3–11

validity of the will 27–33

Probate Registry 23, 60–1, 63

interview with 62–3, 64

types of 61

probate solicitors 25

probate sub-registries 61

property see land and property

protective trusts 272

quick succession relief (QSR) 171–2,

171

R185 (statement of income from

estates) 98, 100–1, 281, 294–5

reference number, IHT 199, 200–2,

201, 203

register ofce

registering death with a 4, 6–7

registering a death see death,

registering of

reliefs

agricultural property 158, 170

business property 156, 158, 169–70,

177–8, 252–3

on gifts 158