Adding discretionary trust to Army will

#1
Hi all can you please give an insight to discretionary trusts to avoid inheritance tax on property and how you go about putting it in your registered army will.

Many thanks
 
#2
I think you will find that discretionary trusts have now been added to the IHT liable assests.

If you were doing something like that then you need to draw up a grown up will with a solicitor.
 
#3
Yes, sadly ISG, the trust can only help you to limit your IHT liability. Professional advice is a must and I would also recommend you go to a solicitor, accountant or IFA who is a member of STEP (the Society of Trust and Estate Practitioners) or a chartered tax adviser.
Find your nearest member at www.step.org.
 
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