I created a trust in March 2005 and another in February 2009 both in favour of my son for life with remainder to my grandchildren. Explain fully the inheritance tax regime for both trusts.
Private Client and Estate Planning (LPC) Part A – (Total marks 39) Your client is Trevor Corbold referred to as “I”, “my” and “me” below. I will be 75 years of age soon. I want my son and daughter to assist me with all monetary and financial decisions. Please advise as to the procedure for […]