– see also Absolute trusts

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

Features of


Income tax

Inflexibility of

Inheritance tax

Offshore income gain

Minor beneficiary

Personal injury

Registration requirement (exemption)

Savings income allowance

Seed enterprise investment scheme

Single premium bonds

Tax planning

Transfers to

Use for minor beneficiary