Hello,
The executor or adminstrator of the estate has 6 months in which to bring a claim (s.2.1 FAA 1976), if they fail to do so, any dependent (s.1 FAA 1976) may bring a cliam in thier own name (s.2.2)
Any claim is paid directly to the dependents (in equal shares) if more than one (s.2 (a)4). The payments would not form part of the estate for IHT purposes.
My understanding.
Richard C. Bishop
PFEP