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Deeds of Variation

Deeds of Variation
If you have just been given responsibility of handling a Will after a person's death you may find that updates are needed or that an unnecessarily huge tax bill is now due. "Do not panic" says our Contentious Trusts & Probate Team – it is still possible to make changes with a Deed of Variation, so long as a few rules are followed.You have ...
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507 Hits

Personal Representatives v Beneficiaries; Home Improvements

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Where a Personal Representative (PR) is required to administer an Estate which includes a property in poor condition, can the PR make improvements to the property in the hope that a higher sale price can be achieved and does the PR need the consent of the beneficiaries to spend money to achieve this?PR's duties One of many duties of a PR is to iden...
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  1977 Hits
1977 Hits

Domicile for the purpose of an Inheritance Act Claim

Domicile for Inheritance Tax
When making an Inheritance claim, the domicile country of the deceased is an essential element of the Court's decision.​ Various eligible individuals identified within s1 of the I(PFD)Act 1975 may apply to the Court for an Order for a share and disposition from a deceased's estate where, either through their Will or by intestacy, no such reasonable...
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  962 Hits
962 Hits

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