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Special Needs Trust
Legacy_user
Posts: 0 Newbie
Hi All,
I have been informed that i can place a large amount of money in a special needs trust.
Has anyone heard of this as i can't find any information on this.
Hope someone can point me in the right direction.
Many thanks, regards Jay.
I have been informed that i can place a large amount of money in a special needs trust.
Has anyone heard of this as i can't find any information on this.
Hope someone can point me in the right direction.
Many thanks, regards Jay.
0
Comments
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http://www.taxationweb.co.uk/articles/article.php?id=127
Also, you have to be disabled, by this definition.
There are some CGT and/or IHT benefits, and possibly also some benefits for means tested benefits, although they are still taxable to income tax at 40% (IIRC). Depends on your circumstances as to whether they are worth using.I'm an Investment Manager. Any comments I make on this board should be not be construed as advice, and are for general information purposes only.0 -
hi
personal injury trusts or special needs trusts are the same thing... my cousin used nestor partnership to set one up. plenty of info on their site too! have a mooch!0
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