Premium Bonds and Death Duties

[Exige77]

Are premium Bonds treated in the same way as other assets when calculating the value of an Estate ?

Have been told they are not included in the value.

Was a little surprised at this.

Can anybody shed any light ?

[Magic919]

HMRC - http://www.hmrc.gov.uk/inheritancetax/intro/exampl...

[ellroy]

They are not exempt.

[paintman]

They are treated as part of the estate.

[Drumroll]

Definitely treated as part of the estate.

[SV8Predator]

Drumroll said:

Definitely treated as part of the estate.

That's what the second post said.