The Trust Deed may be used by a non-UK domiciled Settlor, who wishes to create a Trust of non-UK situs assets (such as an offshore bond) to exclude them from their estate for UK Inheritance Tax (IHT) should they become UK domiciled in future. The Trust is discretionary and gives the Trustees discretion and flexibility to decide who from among the Potential Beneficiaries will benefit from the Trust Fund, and in what proportion. The Settlor is a Potential Beneficiary
Trust Literature
Excluded Property Trust – Settlor is a Potential Beneficiary

UWS PR 0131