My client gave away his car , as he could no longer drive, a few months before he died in March 2012.
I'm filling in form IHT 400 and I would like to exclude all mention of the car. My reason is that the value of the car was less than £6,000, so the lifetime annual exemtions annual exemptions for 2010/11 and 2011/12 are available to wipe out any PET. Is this OK?
No experience of IHT ouside of an exam room. Thanks