Deed Of Variation Guidance
Summary
A deed of variation in England allows beneficiaries to alter the distribution of an estate and must be made within two years of the deceaseds death. The Land and Property Act 1925 applies, and consulting a solicitor is crucial to ensure compliance with legal requirements. In Scotland, the LPA 1925 does not apply, but deeds of variation can still be drafted under Scottish law.Full Conversation
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In England, the Land and Property Act * is applicable, and a deed of variation can be used to modify the terms of a will or trust. Here are a few points:
- A deed of variation allows beneficiaries to alter the distribution of an estate.
- It must be made within two years of the deceased's death.
- Consult a solicitor to ensure compliance with legal requirements.
If you need help finding a solicitor, let me know, and I can guide you on how to find legal assistance.