Inheritance Tax (IHT) is payable on the value of a person’s estate when they die. It used to be known as Capital Transfer Tax and, more colloquially, as death duty. It is important to note that the value of an estate is not necessarily what the estate was worth “on paper” at the time of death. This course will give you a thorough grounding in the law relating to Inheritance Tax, including Nil Rate Bands, exemptions and deeds of variation.