The Discounted Gift & Income Trust (creating fixed trust interests) may be suitable for clients
- Whose estate is likely to be liable to inheritance tax on death, even if maximum use is made of exemptions, reliefs and the nil rate band
- Who have a lump sum available for investment
- Who require an income from their investment for life, but are willing to forego all other access to the invested funds
- Who are willing to make a decision now as to who should benefit from the invested amount and accept they will not be able to change their decision later
- who are content that adult beneficiaries could choose to direct the trustees how the funds should be invested and may call for payment of the trust fund at any time.
Features & benefits
Not for your client?
Take a look at our other Trust options.
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
