PetrifiedExPat

Hi all,

As a UK citizen/US perm. resident, who owns a home here in the US.. If I pass away suddenly, would my wife owe any UK inheritance tax on the property (again, US based property)?

I have asked a similar qu. in the past but my wife would have no clue with how to deal with HMRC.

Thanks,

H

PetrifiedExPat

(I guess I should say, would my estate owe inheritance tax before going to my US souse). Im still not to clear on it all!

BritInParis

https://www.gov.uk/inheritance-tax/w...de-the-uk-dies

Cook_County

IHT is based on domicile. If you are domiciled in one of the countries of the United Kingdom your executors would file an IHT return after your death and your estate would pay any IHT. Your wife would owe nothing. Life insurance written in trust is the standard way to plan for this.

PetrifiedExPat

OK, thank you, it seems that looking into life insurance written in trust is a good option, I will look into that..