Joe King

This is a question in relation to my farther in law. In October last year he sold a Schroders unit trust which he took out in 2010 jointly with his wife. It made 20k profit. His wife sadly passed away last december and he is now wondering what CGT he has to pay on the profits. We believe there is a 3k threshold on CGT for this period but will that be 3k each and how do you go about it for someone who is deceased? No CGT has been paid as of yet and all monies are now in my father in laws name following probate.