A beneficiary who wishes to redirect or change their inheritance from the deceased’s estate can do so with a Deed of Variation. This must be done within 2 years of the date of death, and it must be signed by all the Executors, all the current beneficiaries and all the new beneficiaries. You can do a Deed of Variation before or after you obtain a Grant.
What is the difference between a Deed of Variation and a disclaimer?
A disclaimer is when you confirm you do not want to benefit. If you disclaim, you do not get to divert your inheritance to who you choose, whereas with a Deed of Variation you could choose who your inheritance would now go to.
