Where There's a Will an Iht Bill Can Be Reduced ; Claire Springle Gives Advice On Reducing Inheritance Tax.
The Journal › October 20, 2006
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Summary
THE Finance Act 2006 introduced radical changes to the Inheritance Tax (IHT) treatment of trusts.
There are four main types of trust.See the full content of this document
Extract
Where There's a Will an Iht Bill Can Be Reduced ; Claire Springle Gives Advice On Reducing Inheritance Tax.
Bare Trust: The beneficiary has the right to the capital and income from the trust but, for whatever reason, the trust fund is being looked after by the trustees.
Interest in Possession Trust (IIP trust): A benef...See the full content of this document
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