I have a referral to a potential client who has an IHT planning requirement. It sounds like she may have been persuaded in the past to use a Double Trust scheme as a vehicle to pass an investment property to her children. From a brief conversation, it sounds like the property has been put into the first trust, and has never been her home and is not now, so she may well benefit from the IHT saving without the POA tax. These double trusts are not an area I am expert at, so I would appreciate any suggestions and comments (and potholes to look out for as well).
Nigel
Nigel Wayne