Inheritance tax question

[dern]

In the event that the estate of a someone who hasn't left a will that is allocated amongst the beneficiaries in a mutually agreed manner but goes over the inheritance tax threshold is the inheritance tax burden purely down to the children or is it divided between all the beneficiaries?

Thanks,

Mark

[RJE1966]

Run that by me again.....

[smartie]

its paid from the estate before distribution

[dern]

smartie said:

its paid from the estate before distribution

Not in this instance because most of the estate is property/vehicles and therefore the inheritance tax will be paid for using the instalments scheme until sufficient property/vehicles are sold to settle the bill.