Clarity begins at home

June 2009
Money Marketing;6/18/2009, p52
The article discusses the potential benefits of discounted gift trusts (DGT) in Great Britain. It notes that DGT have been used for tax planning due to their broad range of advantages such as the exemption given to any regular payments from an immediate income tax liability. Furthermore, it relates that DGT can immediately cut the size of the client's estate for inheritance tax (IHT) calculation purposes and they can expect regular payments while the settlor is alive.


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