Varying the Disposition of Estates [2021]

Varying the disposition Estates
Presented by Professor Lesley King

The way in which property has been left on death is often unsatisfactory either because the personal circumstances of family members have changed or because tax legislation has altered. The introduction of the residence nil rate band in 2017 means that many wills prepared before that date are now unsuitable. However, families are not stuck with an unsuitable result. Statutory provisions exist which allow the way in which assets have been left to be complete redrafting redrafted after death to achieve a better result.

This session examines:

• The statutory provisions available
• Which provisions should be protected
• The formalities required
• What can be achieved by each method
• The limited effect of reading back