Since the 1970s popular use has been made of what is known as a flexible life interest trust but since the coming into effect of the Residence Nil Rate Band practitioners have questioned their continued use and also wonder more about the differences between such trusts and Immediate Post Death Interest Trusts (IPDIs). This presentation aims to explore in more detail the essential elements and use of the flexible lie interest trust and will include:
- A flexible life interest trust distinguished from an IPDI
- Uses – pros and cons
- Differences when made during lifetime compared to in a Will
- Tax treatment
Gill Steel, Solicitor & Director of LawSkills Ltd

