PruAdviser Online Services will be unavailable from 22:00 on 10 Apr until 08:00 on 11 Apr.
Further maintenance is planned at 18:00 until 23:59 on 11 Apr. We apologise for any inconvenience caused.
PruAdviser on-line services will be unavailable from 20:00 on Saturday 17 April until 12:30 on Sunday 18 April for website maintenance.
Learn about the interaction of discretionary will trusts and the inheritance tax transferable nil rate band
- If a discretionary will trust was set up on first death to fully utilise the available nil rate band, there will be no unused nil rate band to transfer to the surviving spouse.
- Despite the availability of the transferable nil rate band, many married couples still choose to establish a discretionary will trust on first death.
- On 19 January 2018, the Chancellor wrote to the Office of Tax Simplification requesting a review of the IHT regime.