Improving future compliance: joint property
If joint property is omitted from an account, you may wish to offer the following advice to agents to help future compliance
‘While a taxpayer may not even need a grant of probate or confirmation to deal with joint property, whether it devolves by will or by survivorship it is ‘appropriate’ property under IHTA84/S216 (3). This means that the deceased’s share of joint property that is owned by them up to the date of death must be included in the IHT400.’
The wording should be adjusted to suit the particular circumstances of your case.