Taxation logo taxation mission text

Since 1927 the leading authority on tax law, practice and administration

Trusts today and tomorrow

15 August 2007 / Matthew Hutton
Issue: 4121 / Categories: Comment & Analysis , Inheritance Tax , Trusts
MATTHEW HUTTON considers what scope there may be for creating 'new' trusts (including will trusts) since 22 March 2006


  • Creating trusts under the new regime
  • Effective use of the nil-rate band
  • When might one exceed the nil-rate band?
  • IPDIs and their implications
  • Trusts for bereaved minors and for 18 to 25 year olds
  • Reviewing and planning with will trusts

My previous article ('Past present and future' - see Related Links) summarised the action to be considered in relation to especially interest in possession and accumulation and maintenance (A&M) structures as at 22 March 2006.

This article analyses what scope there might be for inheritance tax efficient creation of trusts now under the FA 2006 Sch 20 regime including the revised position on will trusts. (All statutory references are unless otherwise mentioned to IHTA 1984.)

Lifetime trusts

Consider trusts that make effective...

If you or your firm subscribes to, please click the login box below:

If you are not a subscriber but are a registered user or have a free trial, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this item in full.

Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.

back to top icon