Some Trusts for disabled people are able to get special tax treatment from HMRC. They are more usually referred to as ‘Vulnerable Beneficiary Trusts’.
For the Trust to qualify as a Vulnerable Beneficiary Trust, various conditions will apply.
Vulnerable Beneficiary Trusts for children are often set up in a parent’s Will, but they can also be set up in your lifetime as well.
Trust planning is complex, and we strongly recommend that you contact us for further guidance.
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