Transferable Nil Rate Band Service

If the Deceased died on or after 9th October 2007 and their spouse / civil partner predeceased without using all of the nil rate band available to them at the time, the Deceased’s Personal Representatives may transfer any unused percentage of the predeceasing spouse’s nil rate band and add it to the Deceased’s nil rate band.

To see some useful example scenarios see:
http://www.hmrc.gov.uk/inheritancetax/intro/transfer-threshold-examples.htm

A potentially valuable saving on Inheritance Tax not to be overlooked!

Finders can provide the documentary evidence required by HMRC by:

  • Providing evidence of marriage.
  • Providing evidence that the spouse predeceased.
  • Confirming who benefited from the predeceasing spouse’s estate and whether or not a trust existed.
  • Confirming who the predeceasing spouse’s Personal Representatives were.
  • Confirming what percentage of the predeceasing spouse’s nil-rate band was used.
  • Confirming the position with regard to any possible deed of variation on the predeceasing spouse’s estate.

We will deliver:

  • A certified copy of the Deceased’s marriage certificate
  • A certified copy of the predeceasing spouse’s death certificate and
  • A copy of their Will and Grant of Probate or Letters of Administration, or confirmation that none was recorded.
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Association of Professional Genealogists   Finders is a member of the Association of Professional Genealogists
Expert Witness Directory   Finders are a checked and approved firm in the Expert Witness Directory
Aviva   We are Missing Beneficiary Indemnity Insurance agents for Aviva (formerly Norwich Union) & authorised & regulated by the Financial Services Authority.
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