Having difficulties today in considering Transferable Residence Nil Rate Band available on surviving spouse estate.
Married couple own property jointly:
They sell property prior to July 2015 (during 2013) to fund care.
First spouse dies just after completion of property sale in 2013.
At this point the RNRB does not exist!
Surviving spouse dies 2018. She does not of course own a property so understand that we cannot claim her RNRB. However ……
IHTM46040 states that the TNRB is available regardless of when the first death took place even if it did not include a residence. Also states ……for deaths before 6 April 2017 as there was no RNRB at the time none can have been used. The brought forward amount will be 100% of the residential enhancement in force at the later death of the surviving spouse.
We are doubting ourselves - can we claim first spouse’s RNRB??
Is anyone able to assist please??