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Discounted Gift Trust - discount calculator

The Discounted Gift Trust - allows the client to put a lump sum into trust for their beneficiaries, while retaining the right to a regular payment. The calculator will provide an estimate of the discount based on the information entered although circumstances in the future may change a person's inheritance tax position.

Key benefits of the Discounted Gift Trust

  • A regular payment which may be free of any immediate liability to income tax
  • A potential immediate reduction in the client's estate for Inheritance Tax (IHT) purposes
  • Any investment growth is outside the client's estate
  • A choice of onshore and international bonds, offering access to the fund management skills of the Prudential Group and other leading investment managers
  • Available with an absolute or discretionary trust

This calculator is based on our understanding, of current taxation, legislation and HM Revenue & Customs practice, all of which may change without notice. The impact of taxation (and any tax reliefs) depends on individual circumstances. All Prudential calculators are designed to give a general demonstration. They should not be taken as offering advice or any recommendation. Every care has been taken as to its accuracy, but it must be appreciated that neither Prudential nor its representatives can accept any responsibility for loss, however caused, suffered by any person who has acted or refrained from acting as a result of material contained in our calculators.

Hints & Tips

  • You can save the outputs as an electronic PDF copy by printing to a PDF printer. There are several available to download including PDF Forge, which is free. This allows the webpage to convert to a PDF document
  • You can remove the header/footer from printed outputs to make it look more like a traditional report
  • You can add this calculator to your favourites to easily link to it the future and even access this when not connected to the internet

For more information, please download our PruAdviser WebApp guide.

Please note: The hints & tips are suitable for Internet Explorer. Internet browsers operate in different ways so please refer to your browser help guide for more information on the above hints & tips.

For UK Adviser Use Only - Not Approved For Use With Clients