Trusts and Estates

Inevitably, the season provokes thoughts of gifting and receiving gifts. The tax consequences, especially the possible Inheritance Tax (IHT) consequences, of the donor failing to survive for seven years, may be thought more appropriate for the post..

Trustees, especially Trustees of Discretionary Trusts, are often relieved by the trust instrument from the obligation to provide beneficiaries with the reasons for the decisions they make. They must, however, provide beneficiaries with accounts...

Except in the very simplest cases, where the deceased has left all his property to one person who is the sole executor and where the estate is very liquid with plenty of cash to pay tax, debts, legacies and administrative expenses, it is likely that..

Trusts for disabled beneficiaries

Transactions in UK Land – Part 9A Income Tax Act 2002

The last Autumn Statement