FOR FINANCIAL ADVISERS ONLY
FOR FINANCIAL ADVISERS ONLY
Consumer
Share

Discounted Gift Trust (Bare or Discretionary)

A trust which your client, the settlor, creates by means of a gift, but under the terms of which they retain the right to receive certain ‘income’ payments which may continue for the whole of their life or until the fund has been exhausted.

The Discretionary version allows the trustees to amend the beneficiaries, whereas the Bare version names the beneficiaries at outset and these cannot be changed.

Read about the Discounted Gift Trusts

How an Old Mutual Wealth Discounted Gift Trust can help you

Informer article – IHT planning and a Discounted Gift Trust

Watch this Techcellence video Discounted Gift Trusts.

Visit the Trustability Hub for useful support materials about trusts.

Access the new Trust Form Finder for forms to set up a trust. Additional items can be found in the Literature Library.

Financial Adviser Verification

The content of this site is for advisers only. It is not for the use of Hong Kong advisers. You can change the regional content by selecting a region from the drop down box in the top right-hand corner.