I am administering the estate of H who recently died and who had a NRBDT in his will. W and adult children wish to vary the will by appointing out of the trust and instead place his half share of the matrimonial home into a FLIT for the purposes of reading back.
Can members provide any advice as to what precedents they would use for such a document, as I am unsure if this is done in either the Deed of Appointment or in a Deed of Variation (or both!)
Is there anything else that I should be wary about or should look out for when doing this?
Many thanks for your advice.
Rexton Law LLP