Discretionary Trust realisation

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IanQ Posts: 2 Newbie

30 January 2009 at 2:54PM in Savings & investments

My father died recently after making a discretionary trust over 3 years ago. He had around £100k invested, but since then with withdrawals this seems to be about £80k remaining. I am the sole beneficiary (son), and am trying to discover what I could realise from this trust immediately. I realise there are tax implications etc, but I am just trying to figure the penalties, and costs, and therefore the net sum I could get hold of.

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Discretionary Trust realisation

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