H died in April 2026, W died in May 2026 (no survivorship clause in the Will).
Hs Will has small legacies to adult children with Property Trust and residue to W. Hs estate approx. £1.2m.
Ws estate approx £1.5m.
Problem is RNRB taper if Hs estate continues to Ws estate.
From what I have researched, I understand it should be possible for Ws Exors (her 3 children) to execute a DoV by Ws Estate re Hs estate so we can divert Hs available NRB and RNRB to the 3 children, with remainder to Ws estate - goal is to lock in Hs RNRB and decrease Ws estate so reduce impact of RNRB taper on Ws estate.
Believe I should send DoV to HMRC with Hs IHT re: RNRB etc. But I also believe DoV should be sent to HMRC re Ws estate as it reduces the IHT that will be due.
Do members think my plan/thinking is correct, and are there any other matters I should consider?
Many thanks