Post Death Will Variations

Expertise in varying the terms of someone’s Will after their death

We appreciate that not everyone gets around to making a Will or otherwise updating an existing one already in place before they die.

Regular changes in Tax law may also mean a previously tax efficient Will is no longer as efficient as it once was.

Our experienced Estate Administration and Tax lawyers can help in these situations with the preparation of a simple Deed to vary the terms of someone’s Will after their death or to vary the deposition of their estate if they did not leave a Will at all. These types of legal document are known as Deeds of Variation.

It is increasingly common for families to use Deeds of Variation to ensure Estate and Succession Planning outcomes are achieved.

Deeds of Variation allow you to;

• Set up trusts to increase asset protection.
• Redirect estate assets to bypass a generation of your family in a tax efficient way.
• Redirect estate assets to maximise Inheritance Tax reliefs and exemptions.

There are also other reasons why you may want to consider a Deed of Variation and if you would like further advice on this area or if you think we can help, please contact any member of our specialist Tax and Trusts team.

“The private client team at Rix & Kay is adept at handling specialist trust, tax, and succession planning issues, and advises business owners on complex asset and personal wealth arrangements. The firm also fields a later life team specialising in Lasting Powers of Attorney and Court of Protection work, and a probate team assisting with estate administration. The practice is led by Bruce Clarke, who is described as always on the ball.”

“As a client, the key for me is technical competence, proactive and relevant advice coupled with strong personal relationships. It is rare to find all three so well catered for, and for me, Rix & Kay scores full marks here”.

“I work with Bruce Clarke, who heads the Private Client team at Rix & Kay. He is always on the ball as far as my affairs are concerned, and makes his advice so personal and relevant at the same time”.

“The calm and excellent Max Wright advises on estate administration, mental capacity issues, and an array of probate matters. He is a calm and excellent lawyer dealing with high value estates”.

“Ian Best – sensible knowledge and good personal attention”.

Industry peers praise Rix & Kay in the latest edition of Legal 500