Cross references: investigation at your deceased's file
If you are not clear that the IHT400 (IHTM10021) figure represents cash assets, ask for an itemised schedule of the assets comprised in the figure shown. (This is necessary particularly where you can see from the other file that land or unquoted shares may be included.)
(This content has been withheld because of exemptions in the Freedom of Information Act 2000)
If the figure shown in the IHT400 is acceptable in the light of the cross-reference, you need to take no further action other than any necessary references to the DV (IHTM23002) or SAV.
If the IHT400 figure is not acceptable, consider the following lines of enquiry, which you may put to the taxpayer, as appropriate:
- Are any assets included in your deceased’s estate in their original form e.g. a portfolio of shares distributed to your deceased in kind?
- Did your deceased receive any cash distributions during his lifetime?
- Did your deceased make any lifetime gifts?
- Is the figure shown in the IHT400 final?
You must address any enquiries to the taxpayer or their solicitors at your file, not those at the testator’s file. The responsibility to provide information is that of the legal personal representatives (IHTM05012) at the deceased’s estate.