Making a Will: Who will inherit if you don’t decide?
Have you thought about what would happen to your assets if you died without a Will? It’s a difficult topic
A Deed of Variation lets you give assets you’ve inherited to another person, or organisation, often reducing your tax bill.
Suppose you’ve inherited money, property or other assets or belongings under a Will or the rules of intestacy. In that case, you can use a deed of variation to give some or all of that inheritance to another person or organisation. It’s your choice and can be someone not mentioned in the Will.
Any individual who benefits can vary any gift in a Will or under the Intestacy provisions, provided that they are over 18 and have mental capacity.Â
Deeds of variation are particularly useful if you want to manage your own estate and any potential liability for inheritance tax. However, there are a number rules attached to them, particularly on when you need to sign them and who else might need to sign. Our experienced Wills and probate team can guide you through the process smoothly. We’ll advise on what you can and can’t do, and the most efficient solution for you.
I've never found an area where Tees have been unable to help. There is considerable strength across the organisation. Individuals have good contacts outside of their practice area. I have always found Tees accessible and helpful.
A deed of variation can be part of a complex tax planning arrangement – we’ll help you find its right place in the bigger scheme, working in harmony with your other plans. Among the sort of issues we can look at for the deed of variation and the broader implications are:
If you’d like to meet one of our experts for a confidential, no obligation chat, please get in touch.
We have offices across Cambridgeshire, Essex and Hertfordshire, but we can help you wherever you are in England and Wales
The financial services provided on this page are by Tees Financial Limited, authorised and regulated by the Financial Conduct Authority. Registered number 211314.
Our legal services are regulated by the Solicitors Regulation Authority.
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Financial services:
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Legal services:
Legal notices | Privacy notice
All legal services provided by Tees are regulated by the Solicitors Regulation Authority. Tees is a trading name of Stanley Tee LLP is authorised and regulated by the Solicitors Regulation Authority (SRA Number 464615) and is registered in England and Wales number OC327874.
All financial services provided by Tees are regulated by the Financial Conduct Authority. Tees and Tees Wealth are trading names of Tees Financial Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales number 4342506. Registered office address Tees House, 95 London Road, Bishop’s Stortford CM23 3GW.
Copyright © 2025 Tees Law. All rights reserved.
Financial services:
Legal notices | Privacy notice
Legal services:
Legal notices | Privacy notice
All legal services provided by Tees are regulated by the Solicitors Regulation Authority. Tees is a trading name of Stanley Tee LLP is authorised and regulated by the Solicitors Regulation Authority (SRA Number 464615) and is registered in England and Wales number OC327874.
All financial services provided by Tees are regulated by the Financial Conduct Authority. Tees and Tees Wealth are trading names of Tees Financial Limited which is authorised and regulated by the Financial Conduct Authority. Registered in England and Wales number 4342506. Registered office address Tees House, 95 London Road, Bishop’s Stortford CM23 3GW.
Copyright © 2025 Tees Law. All rights reserved.
