Wrapping comes off new IHT trusts

Wrapped around the capital investment and distribution bonds, Standard Life’s key selling point is investors can keep track of all of the assets they gift to other individuals by keeping a log or trustee record of any allocations made under the Gift Plan, including investments or allocations placed through rival providers, so beneficiaries – whose names can be changed at any time –have easy access to the information needed when the estate is settled. This IHT trust package gives the holder the option of becoming a trustee and retaining overall control of any money but allows them the spa...