I have set up a discretionary trust to avoid IHT. Since the recent Gov statement can I now cancel?

It would appear that since the threshold has been increased such avoidance is no longer necessary. The procedure involved altering my late wife's will, making investment that is not paricularly good becuase of stock market problems and having to ask permission to live in what I had regarded as my own house. What now? Can we cancel the whole business and get back to sanity?

Sadly, the answer is NO.
It ain't settled yet though. Wait until next March and see what's in the budget.

its not all finalised yet so hang on for now.

i agree with ben. it was all spat out in a rush; treasury officials heard it the same day you did; the details are unknown; it might be nonsense.

y!a for financial advice - you're brave...

Tags

　　Vanguard Fund 　　Value Investment 　　Trust Investment 　　Stock Investment 　　startup Investments 　　Startup Capital 　　Sector Fund 　　Seed Money

Related information

Where can I find instruction on how to invest in stocks on my own and what the minimum investments are?

Step 1. First decide what kind of brokerage you want to work with. You can open a brokerage account in your bank, with a large full service brokerage or an internet brokerage. I find when I get...

Penny stocks with high potential?

Your best is to do some quick research regarding penny stocks, myself I use the penny stock newsletter from ...

5. All of the following will cause a change in aggregate demand except:?

NO POINT FOR THIS RESPONSE> THIS ISN'T THE HOMEWORK SECTION!!!! VTY, Ron Berue Yes, that is my real last name!

...

Does anyone think cde is going to go up? anytime soon?

I wish I could give advice here other than it sold off in reaction to the recent big drop in silver prices. As for the company itself its nothing special and I don't really like silver's ...

The story on cheap stocks-Is there money to be made? How much does one need to know?

Cheap Stocks (penny stocks) is the the place to make money in the market after about 10 years or more of trading experience. Most professional stock traders (and semi-professional) won't ever ...

An inheritance of $650,000. is invested in two ways..?

If you invest $416600 @ 5% and $233400 @ 8% you end up with $39502 earned from investments.

...

Is it safe to use on-line tracking systems for your investments?

I have been using Yahoo for years. Since you enter the portfolio information and no account information, no one can determine if it is really what you own or where you have it. And if you are car...

Should I put $5000 into my mortgage or try to invest in stocks?

paying off on a 6% mortgage is a slam dunk safe investment. stock market has already moved much higher from its 2002-2003 lows and does not offer a guaranteed 6% return. Somewhat conservative advic...