The Flexible Discounted Gift and Income Trust, created on a discretionary trust basis, may be suitable for clients
- Whose estate is likely to be liable to inheritance tax (IHT) on death, even if maximum use is made of exemptions, reliefs and the nil-rate band
- Who have a lump sum available for investment, which is, or will be, within their available IHT nil-rate band when the discount is applied
- Who require an income from their investment for life and are willing to forego all other access to the invested funds
- Who want flexibility and an element of control over the ultimate distribution of capital
- Who are prepared to accept the reporting obligations and the possibility of tax charges under the relevant property regime
Features & benefits
Not for your client?
Take a look at our other Trust options.
- The Flexible Discounted Gift and income Trust is designed for use with the Investment Bond.
View fund factsheets, fund prices and fund performance.
Literature
Download application forms, key features, adviser and client guides from our Discounted Gift and Income Trust literature.
Tools and calculators
Our online tools and calculators can help you make clear recommendations, including reports to support your recommendations and an audit trail for compliance purposes
