Excluded Property Trust
Shelter your overseas assets from inheritance tax
The Excluded Property Trust may still appropriate in certain circumstances. However, following changes to Inheritance Tax legislation with effect from 6 April 2025, our draft excluded property trust deed is now only available on request. The client should seek professional tax and legal advice before proceeding. Please contact your account manager if you require access to our draft deed.
This trust is ideal for anyone who is resident in the UK and holds assets outside of the UK, but is not long-term UK resident. If you invest non-UK assets into one of our international bonds and place it in an Excluded Property Trust without ever becoming long-term UK resident, you could avoid having to pay inheritance tax on the investment.
Is the Excluded Property Trust right for you?
What are the risks?
The value of your investment can go down as well as up and you may get back less than you invest. Tax rules depend on the type of investment and individual circumstances and may change.
If you become long-term UK resident and you remain a beneficiary of your trust, the capital within the trust could become subject to inheritance tax.
This trust could be right for you if:
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You're not and and will never become a long-term UK resident
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You want to be a beneficiary of the trust
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You want to avoid a potential inheritance tax liability on your non-UK assets
This trust might not right for you if:
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You've been living in the UK for 10 out of the last 20 years and are now a long-term UK resident
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You were a long-term UK resident but have moved away from the UK between 3 and 10 years ago
Bonds that can be used within this trust
You’ll need one of these products to use this trust:
