My father died earlier last year leaving his estate (inc a property) to myself and my brother. We have gone through probate. Unfortunately my brother has also died before we could sell the property which is currently on the market.
My brother leaves his estate equally between his four children.
Is it possible for us to create a 'Deed of Variation' of my father's will to leave half my father's estate directly to the four grandchildren/brother's children? This makes the property sale process a lot easier.
My concern is that as my brother has died he cannot sign the deed (as a beneficiary from my father's will) but we hoped that my brother's executors (two of his children who are also beneficiaries) can do this but unsure.
Any guidance would be appreciated. Thanks!
Note: No IHT/CGT involved
My brother leaves his estate equally between his four children.
Is it possible for us to create a 'Deed of Variation' of my father's will to leave half my father's estate directly to the four grandchildren/brother's children? This makes the property sale process a lot easier.
My concern is that as my brother has died he cannot sign the deed (as a beneficiary from my father's will) but we hoped that my brother's executors (two of his children who are also beneficiaries) can do this but unsure.
Any guidance would be appreciated. Thanks!
Note: No IHT/CGT involved
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