Accrued income

As investment vehicle

Avoiding probate


Minors and incapacitated persons

Persons sui juris

Capital gains tax

Annual exemption

Charge to tax


Infancy/legal disability

Capital value included in estate

Case study

Charging for advice

Designated accounts

Disposals after administration period

Features of


Income tax

Inflexibility of

Inheritance tax


Offshore income gain

Minor beneficiary

Personal injury

Probate not required

Registration requirement (exemption)

Savings income allowance

Seed enterprise investment scheme

Single premium bonds

Tax planning

Transfers to

Use for minor beneficiary