Make an IHT transfer uisng a trust structure

Budget Note 25 - "Aligning the inheritance tax treatment for trusts" has had a stormy reception but most of the principles formulated in that document are now effectively enshrined in law. Investors can still make inheritance tax transfers, qualifying as potentially exempt transfers (Pets), without using a trust structure. The downside is loss of control and flexibility. Investors wanting to make an inheritance tax effective gift into trust now have three options: • Flexible interest in possession trust • Discretionary trust • Bare trust In a flexible interest in possession trus...