Varying a will

[Juo]

DM left her estate equally between me and my sister with small amounts to the grandchildren.
I would like my share to go direct to my DC.
I am sole executor and am doing it myself, I have probate and the estate is worth about £160K.
I don't want to employ a solicitor if this can be done easily without.
Has anyone done it?
Is there a template letter that I could use?

You need to do a deed of variation. If you don't know how to do it you need to pay for someone who does to do it for you.

There is some advice and templates here: www.legalo.co.uk/guides/guide-to-our-deed-of-variation-for-will-template/ but I agree with Collborate, get a professional who knows what they are doing to sort this out.

(The templates are not free on the site I linked to by the way!)

Thanks Iwalkinmyclothing I had looked into it and know that a deed of variation is required, but the Government website says "You don’t need a formal document or deed - you can write a letter as long as it meets these conditions."

According to that website a solicitor might charge £650 +VAT . Seems a lot if I can do it myself.

You could always just wait until the estate has been distributed and then give each of your dc your share between them.

Would it not be more simple to do as newtb says and just distribute the money according to the will, your share will then be yours to do with as you please, so you can just give it to your DDs? Or am I missing something here? So long as you aren't expecting to die yourself in the next 7 years then there aren't any tax implications I'm aware of...

@maxelly - I could easily die in next 7 years. Several serious health conditions. If I was younger and healthy I wouldn't be concerned with just handing it over. Plus we have already gifted large sums to each DC for house deposit.