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Can a trust lend money to buy a property?

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Inheritance Tax Planning with Bluebond

Inheritance Tax Planning with Bluebond

Күн бұрын

When there are funds available in a Trust, the trustees can lend money to a beneficiary to buy a property. However, there are some issues that arise from that.
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Пікірлер: 3
@jasonlewis4686
@jasonlewis4686 Жыл бұрын
Great video. So, if a couple wanted to set up a Trust and a beneficiary child were to take a loan from the trust to buy a house (not using g atop up mortgage from a bank) then any loan repayments go back into the trust, as growth? I assume that the trust can set the interest rate, and there is no issues with that rate being below market expectation? And the trustee can then take money back out of the trust?
@Inheritancetaxadvice
@Inheritancetaxadvice 11 ай бұрын
All the points on the bnificry are corret but the trustees and settlors cannot acess the funds
@Thomas-gc9td
@Thomas-gc9td Жыл бұрын
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