Registration of interest in possession trust?

Is registration required?

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Have been appointed and named as professional executor in new client's will. Wife died in 2010 and her share of house, in which he still lives, created an interest in possession trust. He and daughter are joint trustees and trust will pass to her on his death. Question is, under the new TRS regulations, does the trust need to be registered with HMRC or not? There is obviously no income derived from the proeprty and therefore no tax implications. Would be grateful if someone were able to give a definitive answer. Many thanks

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Replying to David Ex:
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By jane2952
26th Oct 2023 13:11

Many thanks for the useful link

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