Deed of Variation
Within two years of a death, the beneficiaries under a will or an intestacy (i.e. where someone has died without making a Will) can choose to have a Deed of Variation prepared varying the terms of the will or the intestacy.
This is sometimes helpful for Inheritance Tax planning of the beneficiaries (i.e. to bypass a beneficiary in favour, for example, of a child of that beneficiary) or where there has been some other family agreement.
Please feel free to book a free half hour appointment to discuss how a Deed of Variation may be able to assist you.