discretionary trust

He gave away a property two years before his death to a discretionary trust.

Discretionary trusts are not excluded from the terms of the Agreement.

Thus discretionary trusts have lost many of their fiscal advantages.

Although most discretionary trusts allow both types of discretion, either can be allowed on its own.

Bolan had arranged a discretionary trust to safeguard his money.

However, please note that you can't use this tool for discretionary trusts with deemed, trade or foreign income.

A domestic discretionary trust, set up for a beneficiary by a third party, has great asset protection benefit.

A hybrid trust combines elements of both fixed and discretionary trusts.

She settled the money as a discretionary trust, where both claimants and the first defendant were trustees.

In a discretionary trust, however, the trustee has discretion over his actions, although he is obliged to use it.

We have also been influenced by representations about the position of privately owned companies held on discretionary trusts.

X has set up an overseas discretionary trust.

Mr X gives property to an overseas discretionary trust.

Neither she, nor advisers, considered liability for inheritance tax when they transferred the assets into a discretionary trust.

This is a problem with discretionary trusts, which can contain a class of beneficiaries rather than a list of named ones.

He transfers assets to a discretionary trust.

It is clear that gifts to discretionary trusts will not comprise potentially exempt transfers.

Discretionary trusts still serve a useful function, despite their original source of popularity (tax savings) having diminished in most countries.

The trust may be a discretionary trust.

There may, for instance, be a foreign discretionary trust which wishes to acquire a lease in the United Kingdom.

Expenses for accumulation or discretionary trusts are taken into account in the tax year in which they arise.

Buyers use offshore companies, usually owned by so-called discretionary trusts that mask the identity of the real owner.

Material purposes include spendthrift, support, and discretionary trusts.

This must be kept in mind when considering succession and estate planning involving assets held in a discretionary trust.

Assets placed in discretionary trusts are subject to: