Inheritance or Trust Fund

Taxing Matters

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A father left four siblings £100k in  Trust to be paid on the death of his wife - there is 12 years between the death of both parents and the total estate of both is less than £250k.

Should the Trust distribution be treated as Trust income or as a share of the late parent's estate ?

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By johngroganjga
20th Aug 2016 15:16

Do you mean are the trust assets part of the widow's estate on her death? Or do you mean something else?

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