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Can a Deed of Variation be used to mitigate IHT

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Can the beneficiaries of a will rewrite the will of a deceased within two years of the death in order to minimise IHT?

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David Winch
By David Winch
24th Sep 2021 14:19

Yes, but get legal advice.

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By qhas
24th Sep 2021 14:25

Thanks David

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By johngroganjga
24th Sep 2021 15:02

Yes, but they have to change the ownership of the inherited assets first. So it’s not all about tax.

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