Qualifying investments: unadministered estates
Where the deceased has an interest in an unadministered estate (IHTM22000), IHTA84/S91 may apply. This means that the deceased is treated as owning any shares that are included in the unadministered estate. Therefore if the deceased has such an interest it is important to check whether there are any qualifying investments (IHTM34131) in the unadministered estate. Sales of these shares should be included in the form IHT 35.