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ARTICLE · 01 OCTOBER 1996

Having The Cake And Eating It

United KingdomWealth Management
Article by Howard Rosen

The demands of settlors to use assets placed in the hands of trustees, directly or indirectly, is a dilemma which constantly worries professional trustees. This article examines the possibility of using the concept of leasing to solve that problem.

The author recognises leasing as a radical but highly effective solution to the basic problem. Leasing could be done without compromising the integrity of the trust as well as being highly tax-efficient.

The full text of this article can be obtained from the publishers. Articles are provided either as back copies of the relevant issue of the journal containing the article or as photocopies of the issue concerned (depending on availability). A charge of £25 (prepaid, including postage) is made for each issue supplied.

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