| 释义 |
relevant property trust relevant property trust From March 2006, any trust that is not an interest-in-possession trust, an age 18–25 trust, or a trust established for a bereaved minor is a relevant property trust for inheritance tax purposes. A relevant property trust is taxed (i) on creation, (ii) whenever there is a distribution to a beneficiary, and (iii on each tenth anniversary of the settlement. See alsodiscretionary trust. |