Weighing up trust options

Last month, we covered the practical side of bare and discretionary trust arrangements. But Mr & Mrs Down are now having second thoughts about putting all this money in trust - if their circumstances change, can they get their money back? What about the inheritance tax (IHT) considerations if they keep the trust arrangements? They may be simple for a bare trust and ­complex for a discretionary trust, but it is vital that you know both before advising clients. Can I get my money back? Mrs Down has a very wide outlook on life and all this discussion about what could happen in future ...