I wonder if you can assist. Within two years of the passing of the first spouse, the surviving spouse varied the Will to create a nil rate band discretionary trust. The available nil rate band at the time of death of the first spouse was £263 000. However the assets in the estate of the first dying spouse was less than this amount, leaving a percentage that can be transferred to the estate of the second spouse on the death of the surviving spouse.
The surviving spouse has passed. The Nil rate sum was indexed linked. Would the index linking effect the amount available to be transferred on the death of the second spouse.