Inheriting the money in an ISA that moved?

Sea_Shell

Keep_pedalling said:

If the residual beneficiaries are happy for you to receive the money in the current ISA then they could make a deed of variation to achieve that end.

Good point.

However, do they only need to do an "official" DoA if their estate may fall into IHT territory within 7 years?

Otherwise a simple gift would suffice. 

Duncndive

It doesn't sound promising for the reasons many of you have stated, thanks for your contributions though.

Sea_Shell

Duncndive said:

It doesn't sound promising for the reasons many of you have stated, thanks for your contributions though.

The bequest may well fail, but what relationship do you have with the residual beneficiary(ies), if any, as it can be overcome if they agree.

Are they likely to see what was meant by the "spirit" of the will, or will they be rubbing their hands over their extra windfall?

Duncndive

Some of both those I fear  

Marcon

Duncndive said:

Some of both those I fear  

Nothing to stop you 'lobbying' the ones who are likely to support the 'spirit' argument, and they could simply gift you some money without the formality of a deed of variation in respect of any cash they are giving up.

RAS

The DOV needs to be made within 2 years of death. It only affects those who wish to "transfer their right to inherit". So the fact 3 want to and three don't doesn't prevent those who wish to doing a DOV for their share, with the proviso: 

They are not minors
They are not in receipt of means tested benefits, in which case the DWP might regard it as DoA.