Flexible Gift Trusts

These are sometimes known as Flexible Reversionary Trusts. In these schemes the client invests capital in a series of separate policies. The client can put in a total of up to £325,000 (2015/16). The series of policies are set to mature on different dates and when they mature the client can either take the maturity fund or defer it further. But they don’t have to. The advantage here is that the investment is a Chargeable Lifetime Transfer so that it uses up part or all of the client’s lifetime allowance but their allowance is reinstated after 7 years. It is a not a Gift with Reservation of Benefit and accordingly after 7 years the client is free to set up other Trusts which can be fresh Chargeable Lifetime Transfers. The client does not have access to capital.

Act now to save later.
Arrange a free consultation today.

0800 852 1999

Call our dedicated appointments line today or complete the form provided to arrange your first meeting with McClure. It will cost you nothing and could save you and your loved ones money, time and hassle.

Aberdeen  |  Birmingham  | Cardiff  |  Edinburgh  |  Exeter  |  Glasgow  |  Inverclyde  | Leeds |  Liverpool  |  London  |  Newcastle  |  Plymouth  |  Southport  |  Truro

Appointments (Freephone) 0800 852 1999  |  General Enquiries (Local Rates) 0845 450 2408  |  Email contactus@mcclure-solicitors.co.uk

To read about how we handle your personal data, please view our Privacy Notice

Find out more about our Terms of Business

WW & J McClure Trust Corporation’s Terms & Conditions

Copyright © McClure Solicitors 2018. All Rights Reserved

W W & J McClure Ltd trading as McClure Solicitors. Directors: Andrew J Robertson, Stewart Moore & Stephanie Hutton

Authorised and Regulated by the Solicitors Regulation Authority (Reg No 618692)

Authorised and Regulated by the Law Society of Scotland (Reg No 19114)