Commentary

109 Varying wills to benefit from the relief

CHARITIES AND CHARITABLE GIVING vol 6(2)
| Commentary

109 Varying wills to benefit from the relief

| Commentary

2: CAPITAL GAINS TAX AND CORPORATION TAX RELIEF

109 Varying wills to benefit from the relief

In appropriate cases, consideration should be given to making a variation of the deceased’s will to ensure that this relief is available. It is possible for beneficiaries to receive more as a consequence! Assume that the deceased left 4% of his net estate to charity, the gift can be increased to 10% (by the use of a deed of variation) without the chargeable beneficiaries suffering any reduction in the value of the benefits that they receive; that is, the cost of the increase is wholly

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