Estate Transfer Bond
Key Benefits
- Immediate discount for IHT purposes, fully outside estate after 7 years.
- Growth outside immediately.
- Flexible access for the Settlor - income and capital available annually if required.
- Income Tax efficient for Beneficiaries.
- Bare Trust (PET), single or joint Settlors.
- The bond is non-surrenderable, allowing the Settlor continued access for the life of the bond.
- Open architecture cash and collective investment schemes.
Who is it for?
UK Domiciles with a potential IHT liability, looking to make a gift via a Potentially Exempt Transfer via an absolute trust, but that allows them to retain the right to a flexible “income” stream.
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