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After someone has died is it possible to amend their will and distribute the estate differently to reduce IHT liability?

April 26, 2017amend died Estate IHT liability possible reduce

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After someone has died is it possible to amend their will and distribute the estate differently to reduce IHT liability?

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It is possible to amend a person’s will up to two years after their death. This is often used to help mitigate IHT and pass proceeds on to other beneficiaries via a Discretionary Will Trust. This can make quite a saving for taxable estates.