Trust Services
Interest in possession trusts
With this type of trust, the income must be paid out to the beneficiaries according to the rules of the trust, but the capital can be distributed at the discretion of the trustees.One version of this trust, the 'life interest trust', is often used to provide income for a surviving spouse, and when he or she dies both the income and the capital pass to the children.
Call us if you would like to find out more about this type of trust or would like help setting one up.
