Family Interest in Possession Trust

For a married couple with an estate value in excess of two ‘Nil Rate Bands’, the recommendation would be to use: – A Flexible/Family Trust for assets up to the Nil Rate Band
The value of the assets in the IIP Trust is included (deemed) in the estate of the survivor (as though they ‘owned the assets’) for IHT purposes. So, further planning would be required to ensure that the amount of IHT payable on the survivor’s death is reduced as much as possible. This planning is very individual and is beyond the scope of this report. Contact us for more details

We can also help you with:

Family Discretionary Trust

Life Insurance is a type of insurance policy that can help minimise the financial impact that your death could have on your loved ones. If you die

Interest in Possession Trust

For a married couple with an estate value in excess of two ‘Nil Rate Bands’, the recommendation would be to use: – A Flexible/Family

Sibling Trust

WHY USE MULTIPLE SIBLING TRUSTS? Setting up a Trust is a flexible way of giving away assets without passing them absolutely to Beneficiaries,

Pension Death in Benefit Trust

New flexi pension rules give a variety of possible options available to surviving beneficiaries of a deceased pension scheme member. One of the possible

Family Pension Death Benefits Trust

New flexi pension rules give a variety of possible options available to surviving beneficiaries of a deceased pension scheme member. One of the possible…

Family Gift Trust

Want to gift to reduce Inheritance Tax liability on death. Want to provide a deposit for a beneficiary’s house purchase Want to make provision whilst alive

Life Insurance Trust

Most couples own their property as “Joint Tenants” which means that on the death of one of them, the property passes to the survivor automatically.

Family Business Trust

Establishing Family Business Trusts to receive business assets on death is the most protective and tax efficient means of dealing with such assets.

Educational Trust

The cost of private school (age 4-18) is now over £300,000 per child, with most parents paying an additional £200,000 in income tax.

Family probate preservation plus trust (Asset Protection Trust Plus)

Used most commonly to ‘ring fence’ major assets such as the family home providing peace of mind that the assets are protected for future generations.

Death in service Trust

Home insurance (or house insurance) protects you from insured events that damage your home or your belongings. For example, if your home is