Hello Forum
My late wife's Will which was written in 2002 has created a Trust that can accept up to the nil rate band of value.
The Will refers to something called the Standard provisions of the Society of estate practitioners (1st Edition).
What sort of trust has it created?
The Will says the trustees have discretion over who to give money to (the beneficiaries who are me and my two children).
And in the first 21 years, any trust income can be kept in the trust at the trustees' discretion
thank for your help in advance
Neil
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