Deed of variation

In some cases, it is possible to mitigate inheritance tax by the beneficiaries executing a deed of variation. This presents an opportunity where the will or intestacy can be varied or changed within two years of the death of the deceased often with huge inheritance tax savings.

The beneficiaries entering into the deed must be over 18 years and must be in agreement. Every situation needs to be assessed on an individual basis and advice should be sought at the earliest opportunity to ensure the document is correctly prepared and executed before the two year window expires.

For anything further, one of our specialists would be delighted to meet you either in our office or in your own home to talk through your requirements and answer any questions. Please contact us at any time.