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ADVICE....Can you refuse money left to you in a will?

7 replies

Longingforthesummer · 07/08/2023 20:02

So if a will says assets to be split 4 ways and one person doesnt want anything and asks for their share to be left 'in the pot' to be split with the others:

  1. Can this be done?
  2. Should the person write and sign a letter of their wishes
  3. As an executor of the will do you just document incase anything comes back?

No solicitor involved as fairly simple other rhan this.

OP posts:
Retrievemysanity · 07/08/2023 20:03

Yes, you can renounce your share or do a deed of variation. There’s probably some precedents online but it’s easy enough.

Ladyoftheknight · 07/08/2023 20:15

Exactly as OP said above. I declined my share of a will and the executor was able to quite simply amend it I believe.

gogomoto · 07/08/2023 20:24

Yes you can but be aware that if the reason to refuse is benefits related they could take this as deprivation of assets I think it's called, if that is involved you will need proper legal advice. If its simply you hated you Le mother and don't want the money then a straight forward refusal should suffice

isthewashingdryyet · 07/08/2023 20:26

You can do this, but if the person declining is on benefits and wants to stay below the savings limit, then the powers that be will treat it as if the money has been given, and stop the benefits anyway.
you may want to check this as it is better to accept, use the money for rent and so on, until the money is below the cut off point again

Cyclistmumgrandma · 07/08/2023 20:37

My sister and I both passed on a proportion of what our parents left us to our children. As has been said it is perfectly possible and legal.

WhatADrabCarpet · 07/08/2023 20:43

Easily done by a deed of variation.

We did this and it was no trouble bar te cost of the solicitor which wasn't huge.

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