Leave an everlasting legacy. Speak to an expert
This is the person who created the trust and who owned the property being transferred. A trust can have more than one Settlor, however for inheritance tax purposes, each settlor is treated as making separate gifts under one trust deed.
Note :changes to law was introduced by the Goverment in 2015 in relation to ‘related ‘ trust.
Disclaimer: The information provided in these FAQ pages is correct to the best of our knowledge, but may contain errors. We cannot be held liable for any misunderstanding or errors that may arise from the use of this information. We recommend that you seek professional advice before making any decisions based on the information provided here.