IHTM22011 - Interest in
unadministered estates: summary
As the phrase implies, an unadministered estate is one where the
administration of that estate has not been completed. This may best
be illustrated by an example.
Example
- A dies in 2000.
- A leaves part of his estate to B
absolutely.
- B dies before A's estate has been fully
administered and money paid to him.
- B has an interest in A's unadministered
estate and this interest is normally shown on schedule IHT415 (
IHTM10035) of the IHT400 (
IHTM10021).
- B had the legal right to demand that A's
legal personal representatives (
IHTM05012) administer the estate and
pay him any money or assets to which he was entitled.
Note: If B is entitled under A's Will to a part of his estate
for life or for a limited period, his interest is in settled
property (
IHTM04081). The procedures outlined in
this section are
not appropriate to settled property.
