IHT Structure for Non-UK Domiciliaries
Achieves:
Zero inheritance tax upon death.
Requires:
Confirmed non-UK domicile status.
How it works:
It is possible to use an offshore trust to completely avoid IHT, even on assets situated in the UK. With careful planning such trusts will continue to be IHT effective even if the settlor later becomes both UK resident and domiciled. It is also important to note that the settlor and spouse are able to be beneficiaries of the trust and still enjoy the IHT exemption