In relation to property investments only, the Trust may not buy, sell or rent to or from the person the Trust is established for or the employing Company. The Trust may not borrow from investment purposes. At any time due to ill-health subject to Revenue agreement. At age 50, if you retire from the current Company. At age 60, with no necessity to retire from the current Company. 6.
Further withdrawals are subject to tax at the normal rate.
This in turn can be passed on to the next generation, if desired. You are in control at all times. You are a joint signatory on all transactions involving the movement of funds. It is a Revenue requirement that a Pensioneer Trustee, such as Independent Trustee Company Ltd, is appointed to the Trust to act as a further co-signatory. The Pensioneer Trustee looks after all the compliance work in relation to establishing and running the Trust.