Thanks for your question. Firstly, inheritance tax on the property and the estate will need to be calculated. If the property is sold immediately upon inheritance CGT will not be applicable, however, if it is later sold and it is not her main residence then there may be CGT to pay depending on the circumstances at the time.
Hi, this question remains open. If you found my information provided helpful please could you rate my response positively using the stars at the top of this page as I will not be credited for my response without a positive rating.
It will be on the increase in value from the value at time of the death and the sale value at the later date.
I hope this assists you. If you found this information helpful please provide a positive rating using the stars at the top of this page. I will not be credited for your question without a positive rating. Thank you.