Course Details

Trusts are a flexible and often used structure by our clients – ranging from Nil Rate Band trusts to large generational trust planning. They can be onshore and offshore, and can be structured to aid spouses, children, disabled and vulnerable individuals, to name a few. When dealing with such a versatile structure, creating (or refreshing) a solid foundation in the UK IHT treatment of trusts, both onshore and offshore, is essential to being able to best advise your clients on the complicated IHT treatment of trusts. In a landscape where taxes are getting ever more compliance and trusts are coming under more and more scrutiny from the Government, it is important that advisers are able to provide the best possible advice to their clients.

 

Victoria Baguley-Wood covers the following topics during this course:

  • Overview of how trusts work
  • Entry charges: when and how they apply
  • Discussing domicile: what it is and how it impacts the IHT treatment of trusts.
  • A review of the Relevant Property Regime: Principle and Exit charges
  • Gift with reservation of benefit: beware the common pitfall.

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CPD Course Speaker

Saffery

Victoria Baguley-Wood

Victoria is a Tax Director at Saffery. She is a private client tax specialist who advises HNW and UHNW individuals as well as their trustees and family offices. Having been called to the Bar in England and Wales in 2017, she worked as UK Tax Counsel for an international trust company and then a law firm, before joining Saffery and is able to draw upon these experiences when advising her clients. She studied her MSc in Taxation at the University of Oxford and is a qualified Chartered Tax Adviser. She is currently working towards her PhD in Tax Law at the University of Edinburgh.