- Describe the structure and function of a Loan Trust, including the inheritance tax benefits it can provide
- Explain how to effectively administer a Loan Trust, including managing chargeable gains both during the settlor’s lifetime and upon death
- Evaluate client circumstances to determine the suitability of a Loan Trust as part of a comprehensive IHT mitigation strategy.
Loan Trusts Unlocked: A flexible IHT strategy for clients needing access to capital
About the Event
The Loan Trust is the most versatile trust in the IHT planner’s toolkit, having the ability to meet present needs and future objectives. In this session, M&G’s Senior Technical Manager Neil Macleod takes a deep dive into the Loan Trust, looking at the benefits it offers for different client types, the tax treatment and how to administer the trust, taking into account a client’s evolving needs and objectives. Les Cameron and Neil Macleod will take questions at the end of the session.
CPD
The event qualifies for up to 90 minutes of Structured CPD accredited by CII. By the end of the session you will be able to:
OUR SPEAKERS
Neil Macleod
Senior Technical Manager, M&G
Neil has worked in financial services for over 15 years. Before joining Prudential, Neil worked in various roles within a Bank and IFA environment. This has involved providing financial advice to individuals as well as support for advisers in paraplanning.
Les Cameron
Head of Technical, M&G
Les covers most areas of financial planning, specialising in the pensions technical arena. He joined Prudential in 1997, having held various pensions technical and management roles throughout his career. Les is a Fellow of the Personal Finance Society.
M&G Wealth is a trademarked brand of the M&G plc group, which includes 3 business divisions as follows:
M&G Wealth Advice as provided by M&G Wealth Advice Limited, registered number: 5739054.
Model Portfolio Services as provided by M&G Wealth Investments LLP, registered number: 0C305442.
M&G Wealth Platform as provided by Investment Funds Direct Limited, registered number: 11444019.
Each legal entity is registered in England and Wales and has its registered address at 10 Fenchurch Avenue, London EC3M 5AG. Each legal entity is also a subsidiary of M&G plc and is authorised and regulated by the Financial Conduct Authority.
M&G plc, incorporated and registered in England and Wales. Registered office: 10 Fenchurch Avenue, London EC3M 5AG. Registered number: 11444019. M&G plc is a holding company, some of whose subsidiaries are authorised and regulated, as applicable, by the Prudential Regulation Authority and the Financial Conduct Authority.
M&G plc is the direct parent company of The Prudential Assurance Company Limited. The Prudential Assurance Company Limited is not affiliated in any manner with Prudential Financial, Inc, a company whose principal place of business is in the United States of America or Prudential plc, an international group incorporated in the United Kingdom.