A Practitioner's Guide to Tax-efficient Will Drafting

"1. Introduction Recent Developments Eversden / Essex Changes in Taper Relief The future of IHT2. Deeds of Variation and Disclaimer Intro / Basics Recent Developments Drafting the Instrument Uses and Abuses3. Will Drafting Issues Ideal IHT Planning Providing for the surviving spouse Providing for children Will Drafting and Mann Benham Flexible Wills - Discretionary Trusts and the Frankland Trap Dealing with the Main Residence4. Discretionary Trusts - Trust and Tax Aspects Definition of DT Typical Issues Tax Implications on Creation of Trust Tax During the Trust Tax at the End The perils of flexibility What rights do beneficiaries have? Exercising dispositive discretions Miscellaneous Points on the Exercise of Dispositive Powers5. Melville and CGT Points for Trustees Melville Business / Agricultural Pitfalls Administering Estates for CGT Efficiency Problems with Discretionary Will Trusts Postponing Absolute Entitlement6. The Home and Other Family Assets Lifetime Debt Scheme Other Possibilities"