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Nil Rate Band Trust

Nil Rate Band TrustDo you know where I can find a few minutes for a strip model of zero discretionary trust (UK)?

I need to take note of the meeting of the trust of my family and I'm looking for a model to use. Appreciate any help.

Unfortunately I can not answer your question, in the same boat. Lawyers who have organized my confidence has taken over a year to complete and have only just sent me a copy of documents several weeks later, I asked for them. They told me that I must hold an annual meeting of the directors (me and my two daughters), a record, to assess the financial situation and make a return. They say that these requirements have been explained to me before, but I'm sure they never. They propose to carry out the necessary procedures in our name every year for £ 250 + VAT! How can they do that, I can not imagine because they are 120 miles.

NRB trusts have just been rendered obsolete by the cost of inheritance tax announced this week - in fact, those with NRB Trusts may actually be worse ....

Posted on January 19, 2010.
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