Practical Trust Precedents has all the material you need to create watertight trusts. It looks at the reasons for having a trust, the selection of an appropriate trust and the benefits of particular types of trust:
Provides you with expert guidance on established trusts, their use in practice and the ensuing consequences
Flags up tax implications throughout
Considers the route most likely to achieve optimum tax efficiency
Provides an entire library of complete documents, with alternative and additional clauses and ancillary documents
Includes documents for special situations, with core precedents for the major types of trust, including: accumulation and maintenance trusts, non-interest in possession (discretionary) trusts, interest in possession trusts, insurance trusts and public trusts
Includes a full analysis of the new inheritance tax regime as it applies to accumulation and maintenance settlements, non-interest in possession settlements, and interest in possession settlements
Reflects changes introduced by the Finance Act 2006 and the Civil Partnership Act 2004
Includes sample tax returns, calculations and specimen annotated trusts tailor-made for use in practice
Subscription Information: 1-2 updating releases per year.