Flexible Inheritor Plan
Key Benefits
- Cash based – Diversified cash fund, returning a competitive gross yield.
- Choice of a Bare Trust (PET), single or joint Settlors, or Flexible Trust (Chargeable Lifetime Transfer).
- Pays a guaranteed death benefit on the client’s death.
- Immediate discount for IHT purposes, full guaranteed death benefit outside estate after 7 years.
- Flexible access for the client to all growth and some capital.
- Permits a client to take regular or one-off withdrawals from the Bond.
- Income Tax efficient for Beneficiaries.
Who is it for?
UK Domiciles with a potential IHT liability, looking to make a gift via a choice of trusts, whilst retaining the right to a flexible and tax-efficient “income” stream, and to hold that investment in cash deposits only.
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