Deeds of variation have hit the headlines recently with reports that Ed Miliband benefited from a variation of his fathers will some years ago. While this has attracted debate, the variation of wills ...

Are you reluctant to completely give away an inheritance you have received but concerned about your own tax planning and Inheritance Tax (IHT) on your death? By using a deed of variation to transfer ...

A typical case of where such a deed may be appropriate is where a married couple have failed to utilise any part of the IHT nil-rate band on the first death (for example by leaving all assets to the ...

This week I am continuing my review of the fundamentals of deeds of variation and, in particular, the taxation aspects. In the Budget, the Chancellor announced a review into their use for tax purposes ...

Families are rushing to take advantage of a little-known rule to protect their children from having to pay inheritance tax (IHT), according to experts. Financial advisers are seeing a huge rise in ...