W died less than two years ago. Her Will created a NRBDT. Ws half share of the property has been placed in the names of Trustee (usual restriction etc) so (some) of the NRBDT is constituted in that sense. If the restriction etc on the property is removed so that Ws share passes to H (so he is the sole owner), can this still be read back to the Will if completed within two years of Ws death? Or, is the ‘reading back’ lost as the NRBDT has been constituted and would therefore just be an appointment from the Trust?
This is to to do with regaining the TNRB and RNRB.
Thanks in advance
Parker Rhodes Hickmotts