We recently got probate for my Dad who passed away a while ago.
The Govt. probate certificate shows a gross worth figure for the estate and a net worth figure.
(It ain't much by the way )
Does anyone know the difference between the two?
I know inheritance tax only kicks in when both folks are no longer here.
So, anyone know roughly what is the situation with any tax payable now or when it's due or
at what rate.
Any help would be great. Ta very much.
The Govt. probate certificate shows a gross worth figure for the estate and a net worth figure.
(It ain't much by the way )
Does anyone know the difference between the two?
I know inheritance tax only kicks in when both folks are no longer here.
So, anyone know roughly what is the situation with any tax payable now or when it's due or
at what rate.
Any help would be great. Ta very much.