A Special Disability Trust (SDT) may be used by family members to set aside money for the future care and accommodation needs of a person with a disability. The money is placed into a trust for the …
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Testamentary Trusts – Advantageous tax changes
How is a Testamentary Trust created? A Testamentary Trust is simply a trust created by a valid Last Will and Testament. A Testamentary Trust may be either fixed, such as a simple life estate, or a …
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CGT Rollover Relief for Testamentary Trusts
Where a deceased person leaves their assets directly to beneficiaries, the transfer from the deceased to their legal personal representatives and then to the beneficiaries is all exempt from CGT. In …
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