Changing a will after death with a deed of variation to reduce Inheritance Tax

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  • Опубліковано 1 січ 2025

КОМЕНТАРІ • 9

  • @TheRetirementCafe
    @TheRetirementCafe  3 роки тому +2

    Do you have any questions about using a deed of variation?

    • @davidheaney4430
      @davidheaney4430 Рік тому

      Hello Justin. Can a deed of variation be used if the person died without a will?

    • @davidheaney4430
      @davidheaney4430 Рік тому

      Great video

    • @TheRetirementCafe
      @TheRetirementCafe  Рік тому

      @@davidheaney4430 Yes

    • @rafahossain9210
      @rafahossain9210 Рік тому

      What if it’s been over 2 years since the passing of the deceased? And feed of variation wasn’t possible before as there was a contentious probate matter?

    • @TheRetirementCafe
      @TheRetirementCafe  Рік тому +1

      @@rafahossain9210 As far as I know it can't be used but you should get legal advice. I am not a lawyer!

  • @waynep613
    @waynep613 Місяць тому

    Can I draw up a deed of variation to avoid paying stamp duty?
    For example if the parent dies and leaves their house between two adult children, could one child buy the other out this way? So the child buying would simply give the other child the cash and the will is changed 100% to the child buying the house