Can you change how the estate is shared out?
Yes. If someone is due to inherit from the estate, but wanted to change their share, the people entitled to inherit could all agree to vary the inheritance. This is usually done through a Deed of Variation.
A Deed of Variation could even be put in place to benefit people who wouldn’t usually receive something from the estate, such as a partner or friend.
How much does a Deed of Variation cost?
Our team of solicitors in Preston usually charge around £300.00 plus VAT for a relatively straight forward Deed.