Day: 3 July 2024
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Deed of Variation in Estate Planning – Useful?
Planning for the future can be complex, especially when considering tools like a Deed of Variation (DOV). This powerful instrument allows beneficiaries to alter a will’s provisions posthumously, providing flexibility in asset distribution. Here, we delve into what a Deed of Variation entails, its tax implications, and why it might be a strategic choice for…