Royal London urges HMRC to extend executors' IHT bill deadline

The provider's warning is based on research conducted into the financial issues that arise after someone dies. It called for HM Revenue & Customs (HMRC) to allow people more time to pay IHT bills where more complex estates are being wound up.  Currently, IHT must be paid by the end of the sixth month after death. Royal London said, however, the complexity of the process and the assets contained in many - particularly larger - estates, means they are unlikely to be sold in time to meet this bill.   If the estate's assets cannot be sold by the time the IHT bill arrives, executors must f...