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Commentary

295 Desirable situations to establish nil rate band discretionary trusts (‘mini-discretionary trusts’)

WILLS AND ADMINISTRATION vol 42(1) will precedents

295 Desirable situations to establish nil rate band discretionary trusts (‘mini-discretionary trusts’)

| Commentary

When is it still attractive to establish a nil rate band discretionary trust? More generally the question may be put as to when it is desirable for a first-to-die spouse or civil partner to leave property away from their spouse or civil partner by will. Consider the following:

  1. 295.1

        Mr and Mrs A are wealthy. Given that Mrs A

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