Discretionary Trust

A Discretionary Trust is one of the most common and popular Trust solutions as a result of its ability to achieve a wide range of objectives, while retaining flexibility.

What is a Discretionary Trust?
One of the most versatile types of Trust available, in that it provides flexibility in terms of who can benefit from the Trust. In particular, this flexibility arises because the original Settlor can be both a Trustee and a Beneficiary under the Trust. The Settlor has the comfort of knowing that although the Beneficiaries are named, the Trustees have the discretion, if circumstances alter, to change the Beneficiaries or change the level of beneficial interest they may have in the Trust at any time in the future. This is often an important consideration when the Beneficiaries are young when the Trust is established.

The Settlor can be a Trustee and a Beneficiary. You might use this Trust if...

  • You are in a position to give away assets but wish to retain the option to benefit from the Trust yourself in the future.
  • You want to be able to have some control over who benefits from your estate and need the flexibility to change Beneficiaries as your family circumstances change.
  • You do not want your dependants to suffer delays in the distribution of your wealth, for example, as a result of onerous probate requirements on death.
  • You wish to retain a higher degree of confidentiality when it comes to your personal finances.

International Tax Planning Guide

Charities - Working together to support…
Pryce Warner International are proud to support the following charities. If you would like more information about these charities and to donate online, please click the links below.
Call Us
Or use our local number ?
 
News from Pryce Warner
Expats Flock To Uruguay
The Uruguayan government is attempting to build an international community, causing many British...
Read More
Expat Divorce On The Rise In Dubai
The Dubai Statistics Centre has shown that since 2009 divorce rates have increased four...
Read More
Angela Merkel Declares Possible Euro Exit for Greece
Impact on Stocks and Shares Amounts to Billions   London, UK (Pryce Warner International)...
Read More
Blog Headlines "Expat Finance"
Quick Question?
Send it to us now to get a quick response from one of our expert advisors.



Anti-Spam : image
We reply within 24 hours  
Want to chat with an advisor?
Click the button below to find out which of our offices is closest to you and how to get in touch with one of our experienced advisors. All provisional calls and assessments are strictly no obligation.

Email Us
image Anti-Spam
Send Me More Information
image Anti-Spam