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FOR FINANCIAL ADVISERS ONLY
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Trusts

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Relevant Property Trusts - Principle Charge (10 year charge)

Post 21 March 2006 interest in possession and discretionary trusts (known collectively as relevant property trusts) are subject to a 10 year IHT charge known as the Principle Charge. This can be quite complex and offers a significant advice opportunity with your trust clients. Topic:Discretionary Trusts
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The mechanics of a flexible carve out trust – The Old Mutual INTERNATIONAL Lifestyle Trust

We often are asked to explain what a ‘carve-out trust is. This is a trust which separates out different interests (or rights), some of which are generally held absolutely for the settlor of the trust. Topic:Lifestyle Trust
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The mechanics of a flexible carve out trust

The interests or rights held for the settlor are not regarded as ‘settled property’ under the IHT definition [IHTA 1984 s43] and therefore are not subject to the relevant property regime, where exit charges and 10 year charges would apply. Topic:Discretionary Trusts
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Waiving income on a discounted gift trust – a ‘taxing’ decision?

Discounted gift trusts provide an ‘income’ for life in return for a ‘discount’ from a lifetime gift but what happens if the income is no longer needed? Topic:Discounted Gift Trust
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Absolute or discretionary trust and IHT

The following article provides information about inheritance tax planning for UK domiciled individuals where a gift has been made and the individual does not require access to capital or withdrawals. Topic:Trust Taxation
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Discretionary trust taxation

This article explains the UK inheritance tax treatment of a discretionary trusts or a trust which is subject to the relevant property regime. Topic:Trust Taxation
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Discretionary trust taxation

This article explains the UK inheritance tax treatment of a discretionary trusts or a trust which is subject to the relevant property regime. Topic:Discretionary Trusts
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Protector Powers for Old Mutual’s trusts

This article aims to detail the powers and duties given to a protector under our Old Mutual International, Old Mutual International Trust Company and Old Mutual International Ireland's trusts. It also explains how protectors can be added, changed or removed from the trusts. Topic:General
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The role of Old Mutual International Trust Company

This article highlights the benefit appointing a professional trustee such as Old Mutual International Trust Company. This article is not aimed at advisers with Singaporean investors. Topic:General
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14-year rule when making gifts

This article outlines why it is important for an adviser to establish the full gifting history of a settlor who makes gifts into discretionary trusts for inheritance tax purposes. Topic:Trust Taxation

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