6 апр. 2023 г. · Discretionary trusts are typically used where the settlor wishes the trustees to have maximum control over who will benefit and when. What is a discretionary trust? · Taxation of trust

This is a trust where your client, the settlor, is included as a beneficiary. This is treated as a gift with reservation (GWR) under UK Inheritance tax ...

It's good practice to exclude the settlor of a trust from being a beneficiary to avoid the adverse consequences of section 102 of ITAA 1936.

The person creating the trust is known as the Settlor and the class of possible beneficiaries can be as wide or as narrow as the Settlor chooses. Mere inclusion ...

A discretionary trust are trusts where the settlor identifies the beneficiaries whom he/she wishes to potentially benefit, known as the 'discretionary ...

You set up a discretionary trust to make sure you have money in the future. You're the settlor - you may also benefit from the trust because the trustees can ...

3 окт. 2023 г. · A beneficiary of a discretionary trust can include both individuals and charities. Beneficiaries could include a class of people such as ' ...

A Discretionary Trust is a legal arrangement which allows the owner of a life policy (the settlor) to give their policy to a trusted.

The discretionary beneficiaries include the spouse (except where the spouse is a joint settlor), widow or widower of the settlor, the children and the remoter ...