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
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
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