Variations of a Will
Dying is not something people like to think about, and this can often mean that a deceased’s affairs were not in order on the date of their death. Once a person has passed away, the responsibility to deal with their affairs passes on to someone else. If you are that person, there may be issues that need to be considered. These issues can include a beneficiary who doesn’t want the inheritance they’ve been left, large tax bills or a beneficiary wanting to give their inheritance away. Our wills and probate solicitors can help you make sense of the issues you need to address and give you advice on the best way to do this.
A Deed of Variation
What is a deed of variation?
A deed of variation (sometimes called a deed of family arrangement) is a document that enables a will (or even an intestacy) to be varied in certain circumstances. This can be a fantastic way of ensuring that everyone’s wishes are met and unforeseen circumstances are avoided.
However, there are strict rules as to when a deed of variation will work and it must be entered into within 2 years of the deceased’s death, so it is essential to take professional advice on any variations of wills before anything is done.
For more information, download one of our helpful guides or alternatively, give us a call on 01302 341414 (Doncaster) or 0114 272 1884 (Sheffield) and our friendly team will be happy to have a chat with you.
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