Can someone’s Will be changed after they have died?
Strangely the answer is in certain circumstances “yes”. A Will may be varied or the intestacy provisions where there is no Will altered by a Deed.
The Deed of Variation must be signed within 2 years from the date of death, it is usually signed by the executors (or administrators if there is no Will) and it must be signed by all people whose inheritance is affected under the changes.
So why would this be done? It could be for several reasons, here are three:
1. To achieve Inheritance Tax saving.
2. To add appropriate beneficiaries for example new grandchildren or Golden neighbours.
3. To benefit charities.
If you would like to discuss Deeds of Variation, please contact me.
Judy Dyke TEP
Partner and Head of Private Client Team
Contact Judy by email
0121 693 2222