IHT for expat since 1996

[Wanchaiwarrior]

Any accountants around who might be able to answer ?

So I left the UK in March 1996

Came back and worked from mid November 1996 until mid March 1997.

Was overseas until I returned early December 2005 until early March 2006, when I didnt work.

Have been overseas since.

My mum died April 2022 leaving house to sister and I, probate still not done

Does all this time overseas reduce my IHT liability ?

[Jeremy-75qq8]

No.

That aside it is not your liability. It is the liability of her estate the net sum remaining will then be passed to her beneficiaries.

[Wanchaiwarrior]

Nice one, thanks.

Oh well.

Thread closed.

[Jeremy-75qq8]

Does king on your financial / family position you could do a deed of variation and give the money to your kids if you have any.

That makes no saving now but when you die your inheritance i from your mother is not part of your estate.

Many reasons why you may not want to do this