Deed of Variation

Savvy_Sue

There may be, but it's not the kind of thing I'd want to DIY: consequences of getting it wrong could be a lot more than the cost of the DofV. I think we paid £200 a few years ago. 

castle96

ours was £600 ! Me and sister only/joint beneficiaries. Sister was executor. We each gifted £xk to my sons. I now want to gift them more.(Still within 2 yrs of death). I/we have used the £3 exemption already. Sister would agree (if she needs to) as it doesn't affect her. Just cannot find a DIY DoV…..

Mojisola

castle96 said:

ours was £600 ! Me and sister only/joint beneficiaries. Sister was executor. We each gifted £xk to my sons. I now want to gift them more.(Still within 2 yrs of death). I/we have used the £3 exemption already. Sister would agree (if she needs to) as it doesn't affect her. Just cannot find a DIY DoV…..

Any reason you can't use the one you have as a template?

Your sister doesn't need to agree unless she is giving your sons some of her inheritance.

SevenOfNine

You could read through this & see if it helps, DiY not my recommendation, but..........!
https://www.gov.uk/alter-a-will-after-a-death

wizzywilc

When we were considering a DoV I spoke to the HMRC helpline, who said they would be content with the provisions just written out. We didn't feel confident doing this, so had it drawn up professionally. It was around £600, but that fee also covered checking the IHT forms I had prepared.