| UPDATED: 08:00, Tue, Dec 15, 2020 Link copied Make the most of your money by signing up to our newsletter for FREE now SUBSCRIBE Invalid email When you subscribe we will use the information you provide to send you these newsletters. Sometimes they'll include recommendations for other related newsletters or services we offer. Our Privacy Notice explains more about how we use your data, and your rights. You can unsubscribe at any time. Inheritance tax (IHT) can be managed by a designated professional, usually, an estate planner or lawyer, who will apply for probate (known as grants of probate) which will allow them to manage the family’s assets. Recently, the government changed the rules on this to move the probate system from a paper-based set up to a digital one.