Settlements and the RNRB – A Refresher

Recorded on: 20/02/2020


Aim:

To remind practitioners of the rules regarding the RNRB treatment of property which was already settled prior to the deceased’s death and property which is settled on his death

Outcome:

Practitioners will appreciate that not all settlements are equal for RNRB purposes – some are better than others

Agenda:

  • A review of s.8J IHTA 1984
  • Settlements which are ineffective for RNRB purposes
    • Discretionary trusts
    • Successive life interests
    • Contingent gifts to grandchildren
    • IPDI in favour of cohabitants
  • Even if initially ineffective for RNRB purposes, the settlement may still be useful
  • Settlements which are effective for RNRB purposes
    • Bare trusts
    • IPDI to spouse/civil partner with remainder to lineal descendants
    • Bereaved minor trusts
    • Aged 18 – 25

Price


Non members:  £159.00

Members:  £115.00

Sole practitioner:  £80.00

All prices ex-VAT

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01904 635 444 webinars@legalfutures.co.uk
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