A discretionary trust was set up by a will: the trustees and the deceased are/were resident in England. The deceased and one of the trustees are/were domiciled in England; the other trustee is domiciled either in Scotland or England (she's not sure).
The trustees are considering renouncing their posts and appointing as trustees two family members who are domiciled in England but resident abroad (in the same jurisdiction).
What are the UK tax implications of this action? Do they depend on which foreign jurisdiction is involved?
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