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Tax-efficient extraction

03 October 2007
Issue: 4128 / Categories: Forum & Feedback

We have a new client who is the settlor of a UK-resident discretionary trust. The principal beneficiaries are his children and grandchildren.The client has a domicile of origin outside the UK, but came to live in England as a child and acquired a domicile of dependency and subsequently a domicile of choice here.

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