IHTM05044 - Completing the account: links between inventory form C1 and theIHT400 (Scotland)

Because every asset in the estate is listed for confirmation ( IHTM05104) purposes in the inventory ( IHTM05025) form C1, there is no need for the personal representatives ( IHTM05012) to duplicate all this information in the IHT400. In particular

• stocks and shares do not need to be individually listed on Schedule IHT411 ( IHTM10033),
• insurance policies paying out to the estate do not need to be listed on Schedule IHT410, and
• bank and building society accounts, national savings investments etc. do not need to be listed on Schedule IHT406.