It38.2

[DirectDevil]

D dies on 01.01.12.
D bequeathes savings bonds to B.
Probate issues on 01.10.12 and B takes his inheritance then.
The value of the bonds obviously increases between death and inheritance.
For IT38 purposes which value does B declare.

 

[mandelbrot]

..

 

[Joe_90]

Pick a date.

[broken link removed]

 

[putsch]

But in that case won't the estate pay CGT on the increase in value from the Date of Death?