Inheritance tax changes

Inheritance tax changes

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Mrs Green died 8 months ago, leaving assets of £120000, so no IHT was payable. She left her estate to her husband. Mr Green is very ill, and likely to die sometime this month. His estate will be about £600000. He has been talking to his advisers following the PBR and has been told by his solicitor that Probate of his estate would be delayed until next July. This is because the new IHT rules will not be enacted until then. Is this correct?
Daron Gunson

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