Deceased estates and the administration period: our insight published in Tax Adviser
In November’s issue of Tax Adviser, Will Leonard, Director in our Private Wealth and Estates Group based in London, takes a deep dive into how a deceased estate is taxed during the administration period.
The administration period runs from the date of death until the residue is ascertained: the point at which all the estate’s assets and liabilities have been identified and quantified. To showcase this, Will takes us on a trip to Oz, in an attempt to tidy up the mess Dorothy has left behind…
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