Excluded Property Trust

For use by non UK domiciled individuals who may become deemed domicile in the future.

This trust gives the settlor the ability to protect their non UK assets from UK IHT if the “17 out of 20 year” rule takes effect if they become deemed domiciled for tax purposes.

Summary of benefits

  • The settlor retains full access to the trust property.
  • Shelters non UK assets  from UK IHT.
  • The settlor can name a wide class of discretionary beneficiaries.
  • Avoids the need for probate