Deed of variation from a trust to a new trust

Marcon

Horace92 said:

Thanks for your concern.  However I can assure you everything is above board and there is no deprivation of assets going on as I do not own and will not own anything in my name.  A dov is irrelevant to care providers because the bequest is not left to an individual.
Actually the motives are solely to reduce iht on my family upon my death so the other beneficiaries, my siblings, receive as much possible

The motives don't remove the need for professional advice...in this case they strengthen it considerably.

Horace92

Marcon said:

Horace92 said:

Thanks for your concern.  However I can assure you everything is above board and there is no deprivation of assets going on as I do not own and will not own anything in my name.  A dov is irrelevant to care providers because the bequest is not left to an individual.
Actually the motives are solely to reduce iht on my family upon my death so the other beneficiaries, my siblings, receive as much possible

The motives don't remove the need for professional advice...in this case they strengthen it considerably.

Thanks, yes it has been passed on to our STEP solicitor.  I obviously just wanted to get a steer on here