Appointment out of discretionary will trusts

Capital gains tax

Common variation

Compared with disclaimer

Deeds of variation

Generally

Parties

Timing

Inheritance Tax Act 1984 – tax consequences set out in

Methods

Multiple variations

Possible variations

Stamp duty land tax

Tax effects

Tax planning

Taxation of Chargeable Gains Act 1992 – tax consequences set out in

Trustee Act 1925 s57, variations under

Variation of Trusts Act 1958 – application under

Generally

Procedure