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Online WillsA. Yes it we have people use us all the time for this type of thing.
Q. My brother died 5 years ago and in his will left everything to my sister. When the money came through she asked my husband to look after the money for her and he put the money in an account in his name. She died three year's ago, without leaving a will. We have since had a two year legal battle with her husband trying to claim the money (which she did not want him to have). We have subsequently proved that my brother's will was invalid and we are now in the process of revoking the orginal will.
The money will now go to our mother as next of kin as he would have died without a valid will. My mother wants to give this money to her two remaining children, myself and my brother. Could she divert this money by deed of variation? She could not have done this within the two year rule as the estate will only come to her now and not when my brother originally died and if this can be done what are the tax implications for my brother and myself or my mother? If she passes away in the next few years would these monies be liable for inheritance tax purposes.
A. Please see http://www.deedofvariation.org.uk for more information
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