On death, an individual's assets are distributed according to the terms of their Will or, if they did not leave one, according to the rules set down by law. Sometimes, perhaps when a Will has been made many years before or there is no Will, the deceased person’s estate does not pass in the most tax-efficient manner. Many people do not realise that there is a two-year period following a death during which this distribution can be varied with the consent of the people who benefit. This is particularly useful if a variation can make tax savings, or better suit the individuals’ requirements.
 
Our team of Private Client - Wills, Tax, Trusts and Probate solicitors can advise you on the possibilities and implications of making a post-death variation to a will or an intestacy.  As there is a two year time limit, the sooner you contact us the better. You might be surprised at the potential tax savings that can be made.
 
Our trusts and probate solicitors have in depth experience in arranging variations, including applications to Court to have variations approved on behalf of children under the age of 18, who cannot approve on their own behalf.  If you would like more details, please do not hesitate to contact us.