I would be most grateful if anyone can help me with the following question, as I am unable to find an answer in the HMRC IHT guides.
My wife recently died and, as I was her sole beneficiary, her estate passed to me free of IHT. However, during the seven years before her death, she had made a number of PETs and gifts out of income and on her death I had to complete IHT400 and some of the schedules for HMRC. HMRC eventually sent IHT421 (Probate summary) to the probate office and I have now received Grant of Probate.
I understand that in the event of my death my executors will be able to have any of my wife’s unused nil rate band transferred to the benefit of my estate by completing form IHT402 (Claim to transfer unused nil rate band). However, how can I find out how much HMRC agrees that her unused nil rate band amounts to, so that I can pass that figure on to my executors?
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