Properties in a LTD abroad, in a UK Trust: CGT?

[Bridger]

Sir,

My elderly parents live abroad, and have 2 properties there. We are thinking about setting up a UK Trust, with me as the Trustee, and them as Settlors and Beneficiaries, and put the 2 properties in it. BUT properties will increase in value strongly there.

Would this UK Trust have to pay Capital Gain Tax if the properties, Settlors and Beneficiaries were abroad? Only I, the Trustee, live in the UK.

And, suppose this properties were inside a company there, such as a LTD, and controlling shares of this LTD were in a UK trust. This LTD would pay local CGT in the local country. Would the UK Trust still have to pay CGT here in Britain?

Thank you all in advance for any advice,

Bridger

[maths]

What is the domicile status of each of your parents and where do they currently reside.

Odds are a UK trust is unlikely to be the answer.