Fixed or Flexible Discounted Gift Trusts

Find out which Discounted Gift Trust is right for your clients.

Why choose Scottish Widows Trusts?

We aim to provide flexibility by offering a choice of fixed or flexible trusts, single or joint settlor investment. We also provide a protector option with our flexible trusts as well as a wide range of support material to provide you and your clients with continued support throughout the lifetime of the trust.

Benefits of Discounted Gift & Income Trusts

The potential to reduce inheritance tax liabilities whilst aiming to provide an income for life (subject to sufficient capital remaining).
Choice of Flexible (Discretionary) or Fixed (Absolute) Trust.
Trustees aren't locked into a particular investment or product provider.
Our basis for calculating potential discount has been agreed with HMRC.
Wide range of investment funds.
RDR friendly product charging options.
Choice of underwriting options including full and concurrent underwriting.
Ability to set up the Trust with an existing policy.
Comprehensive range of supporting material and expert technical support.

Fixed or flexible trust?

Trust basis

Client suitability

Product information

Fixed Discounted Gift Trust

For a fixed interest (absolute) basis.

Suitable for clients who have:

already decided how any remaining capital should be distributed
are certain who they want as beneficiaries
want to take advantage of the potentially exempt transfer regime.

Overview, features and benefits

Flexible Discounted Gift Trust

For a flexible (discretionary) basis.

Suitable for clients who want to:

decide how any remaining capital should be distributed
option to make changes to beneficiaries
protector option to add an extra level of control.

Overview, features and benefits

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