18-25 Trusts
18-25 Trusts were established in the Finance
Act 2006.
They allow parents to state that on their death, their children could inherit their assets at an age between 18 and 25 rather than having to inherit at 18. These trusts can only be created by parents in their wills.
There are inheritance tax implications for such trusts, so it is important that professional advice is sought.
For more information, click the links below or download one of our helpful guides.
Alternatively, contact our Doncaster solicitors at 01302 341414 or our Sheffield solicitors at 0114 272 1884. Our friendly team will be happy to have a chat with you.
There are numerous types of trust available. The most common types are:
