Month: November 2020

Bare Trust

Held for the benefit of a specified beneficiary They’re also known as ‘Absolute’ or ‘Fixed Interest Trusts’, and there can be subtle differences. The settlor

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Discretionary Trust

Wide class of potential beneficiaries With a Discretionary Trust, the settlor makes a gift into Trust, and the trustees hold the trust fund for a

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Split Trusts

Family protection policies These Trusts are often used for family protection policies with critical illness or terminal illness benefits in addition to life cover. Split

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