I am the settlor of an offshore trust the income from which is distributed to me in the UK and on which i pay UK tax.
On my demise, in order for the income not to be taxed within the trust it will need to be distributed. My wife and two children are beneficiaries. If they so wished can the income be distributed to all three of them so that the UK tax is paid by each of them according to their own total incomes?
Thank you
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