IHTM10021 - IHT400: introduction

The IHT400 is the account that must be completed by the personal representatives ( IHTM05012) to show the assets and liabilities in the deceased’s estate. It must be completed for all estates that are not ‘excepted estates’ ( IHTM06011). But in some cases where all, or a substantial part of an estate, passes to exempt beneficiaries we can accept a reduced account ( IHTM10471) from the personal representatives.

In Scotland, the deceased’s personal representatives must also complete a form C1 for the Sheriff Clerk if they need Confirmation ( IHTM05042). This form lists every asset in the estate.

The following pages tell you more about the account. They provide guidance on how you should deal with the information in each part of the account or tell you where you can find this information in other parts of this manual.