Royal Skandia Excluded Property Trust

An excluded property trust may be used by someone who is not currently domiciled in the UK, to protect their assets from any future liability to UK inheritance tax. This may be useful for non-UK domiciles moving permanently to or currently living in the UK.

An excluded property trust is generally a discretionary trust which includes the settlor within the class of discretionary beneficiaries. Put simply, it is the domicile of the settlor when the trust is established and the place where the assets are situated, i.e. outside the UK, which when held within the trust make it a “excluded property trust”.

Providing certain criteria are met then an excluded property trust may never be subject to any UK Inheritance Tax charges.

A simple guide is attached but, if you would like to learn more about how we can help you with this then please Contact Me.