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Ok enough of the suspense, the answer is Insurance Bonds.
Anyone have any experience with these?
Ok enough of the suspense, the answer is Insurance Bonds.
Anyone have any experience with these?
I would have said testamentary trust before the changes to minor trust distribution rules. For now, I'll have to go with discretionary trusts but as with all structuring advice, it will be particular to a person's circumstances.
I would have said testamentary trust before the changes to minor trust distribution rules. For now, I'll have to go with discretionary trusts but as with all structuring advice, it will be particular to a person's circumstances.
My apologies guys, too many holidays. Testamentary trusts allow minor to be taxed at adult rates, but as someone said earlier, someone has to die first.