Zurich launches two IHT trusts by Finance News Bulletin

Published: 04/11/06

Zurich Sterling Discretionary faith and Discretionary faith have been launched in accordance with new duty changes that have been made to inheritance duty (IHT)The products offered by Zurich are designed to provide both mediators and their customers with greater ability to plan for IHTA discretionary trust gives mediators increased flexibility when compared to other trusts as it allows changes to be made at any time to beneficiaries as well as ensuring that the faith is exempt from the estateZurich's investment management director Paul Wright said: "This new optional trust has been intended to complement our existing range of trusts

"He added: "IHT is an more and more important part of the financial planning process and we are delighted to be able to proffer advisers and their customers a option of market leading solutions"The launch of the Zurich Sterling optional Trust and optional Trust follows the introduction of the Sterling optional Discounted Gift Trust on October 3rd this yearBoth of the novel trusts replace old products, with the Zurich Sterling Discretionary faith designed to complement the Sterling asset bond and the Zurich Discretionary Trust

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