Jan Smith

Please can you confirm that no CGT is due on assets which would have been subject to CGT if sold during lifetime, ie shares and financial products, are sold or crystallised upon death and the value goes to the spouse as part of the total value of the estate (therefore no IHT is due as exemption applies).

Please can you confirm that no CGT is due on assets which would have been subject to CGT if sold during lifetime, ie shares and financial products, are sold or crystallised upon death and the total value of the estate is left to the spouse (therefore no IHT is due as exemption applies). Any assets which would have been subject to CGT if sold during lifetime, ie shares and financial products, are transferred to the spouse are only subject to CGT on the gain made from date of transfer to the date of sale, As CGT date is reset on death.