WillPack

Could Changes to the Taxation of Pilot Trusts Affect You?

Following the Chancellor’s Autumn Statement at the end of 2014, legislation is now going through parliament which aims to limit the use of ‘pilot’ trusts. Pilot trusts are an accepted form of Inheritance Tax (IHT) planning, commonly used to reduce the impact of the special IHT regime which applies to trusts, known as the ‘relevant … Read moreCould Changes to the Taxation of Pilot Trusts Affect You?