Commentary

I12.701 The use of trusts in IHT planning—introduction

IHT, trusts and estates

I12.701 The use of trusts in IHT planning—introduction

Division I12.7     The use of trusts in IHT planning

Division revised by
Malcolm Gunn

For updates affecting this Division please see Part I0 Updates

The use of trusts in IHT planning

I12.701 The use of trusts in IHT planning—introduction

The major changes in the Finance Act 2006 to the inheritance tax treatment of trusts were undoubtedly intended to inhibit the use of lifetime settlements for tax avoidance purposes. With hindsight one can see a trend in official policy towards this end for some years previous to 2006, with nearly all trusts without interest in possession having been brought within the scope of

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