Full Description
Practical and accessible, this annual guide will prove indispensable when starting, running or ending a trust, or dealing with a deceased estate, whilst ensuring you are complying with the law. Trusts and Estates in Scotland guides you through the complexities of Scotland's unique trust and estate regime. Worked examples, tax tables and practical commentaries help to illustrate the latest legislation and the key points of practice. The reader will not only fully understand current tax law, but be comfortable applying it to their clients' trusts and estates.Covers:Introduction;Background;Starting a trust;Running a trust: income tax;Running a trust: capital gains tax;Running a trust: inheritance tax;Running a trust: stamp duties;Charitable trusts;Ending a trust;Deceased estates: introduction;Deceased estates: Practical IHT considerations;Deceased estates: income tax and CGT;Deceased estates: post-death rearrangements;Deceased estates: stamp duties.
Contents
Chapter 1 Introduction Chapter 2 Background Chapter 3 Starting a trust Chapter 4 Running a trust: income tax Chapter 5 Running a trust: capital gains tax Chapter 6 Running a trust: inheritance tax Chapter 7 Running a trust: stamp duties Chapter 8 Charitable trusts Chapter 9 Trusts for disabled persons and vulnerable beneficiaries Chapter 10 Ending a trust Chapter 11 Deceased estates: introduction Chapter 12 Deceased estates: practical IHT considerations Chapter 13 Deceased estates: income tax and CGT Chapter 14 Deceased estates: post-death rearrangements Chapter 15 Deceased estates: stamp duties
