IHTM05131 | Grants on credit: example undertaking

Note: the wording below uses 'Probate' or 'Grant of Probate' but you may need toreplace this with Confirmation (for Scottish cases) or letters of administration as appropriate.

Example involving UK stocks and shares or insurance policies

In the estate of [name of deceased and Inheritance Tax reference number]

In consideration of HMRC agreeing to issue the letter with a unique code/form IHT421/C1 [as appropriate] without requiring full payment of the Inheritance Tax due upon delivery of the account I/we

Full name: ………………………………………

Address: ………………………………………

Full name: ………………………………………

Address: …………………………………………

undertake:

To use my/our best endeavours to pay the Inheritance Tax and interest due on delivery of the account within 4 weeks of the issue of the Grant of Probate. To this end I/we will

Signed ………………………………… Dated ……………………..