Flexible Discounted Gift and Income Trust

The Flexible Discounted Gift and Income Trust enables your client to make a gift for inheritance tax (IHT) purposes while retaining the right to a fixed income for his or her lifetime. Because the value of this income right will normally have no value on death, the value of the settlor's estate is immediately reduced for IHT purposes, achieving a discounted gift.

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Key points

  • Reduces potential IHT liability
  • Provides a fixed income throughout your client's lifetime
  • Three different types of underwriting available
  • Joint or single settlements can be made
  • For clients who require control and flexibility
  • Offered in conjunction with the Investment Bond
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Scottish Widows Limited. Registered in England and Wales No. 3196171. Registered office in the United Kingdom at 25 Gresham Street, London EC2V 7HN. Authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Financial Services Register number 181655.

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