23/09/2026
𝗜𝗻𝗵𝗲𝗿𝗶𝘁𝗮𝗻𝗰𝗲 𝗧𝗮𝘅 𝗽𝗹𝗮𝗻𝗻𝗶𝗻𝗴 𝗱𝗼𝗲𝘀𝗻'𝘁 𝗻𝗲𝗰𝗲𝘀𝘀𝗮𝗿𝗶𝗹𝘆 𝗲𝗻𝗱 𝘄𝗵𝗲𝗻 𝘀𝗼𝗺𝗲𝗯𝗼𝗱𝘆 𝗱𝗶𝗲𝘀.
In the right circumstances, a Deed of Variation can provide an opportunity to reconsider how inherited assets are passed on, particularly where property and succession planning are involved.
In our latest article, we look at a real scenario where a 50% share of a property portfolio was due to pass to a widow, but the longer-term intention was for those assets to pass to the children.
By using a Deed of Variation and an IPDI trust, it was possible to consider the Inheritance Tax and Capital Gains Tax position together and create a more effective route for passing wealth to the next generation.
𝗥𝗲𝗮𝗱 𝘁𝗵𝗲 𝗳𝘂𝗹𝗹 𝗮𝗿𝘁𝗶𝗰𝗹𝗲: https://eavesandco.co.uk/news/using-a-deed-of-variation-for-succession-planning
If you are dealing with an estate or considering how family wealth and property should pass to the next generation, getting specialist tax advice early can open up planning opportunities that may not be available later.
