RNRB and Deed of Variation

Trusts Discussion
1

The father, mother and daughter have died in succession without a grant or a variation. I am looking to prepare Deeds of variation of the estates but to ensure that the RNRB and TRNB are available to the parent’s estates.

A cash gift will not allow this but i believe the following should

3.4.1 The first THREE HUNDRED AND FIFTY THOUSAND POUNDS (£350,000) to daughter

3.4.2 The balance of the sale proceeds to pass to the new beneficiaries.

Is this correct please?

2

Not sure how anyone could answer this without some knowledge of the contents of the wills of each, if any, and the ownership of the property.

Jack Harper