[Charles]

I thought, is wrong to share the joint saving income equally since such ratio hasn’t be given in the question..

And Q3, it quite direct… Since we av gross transfer of 400k+ from previous transfer to trust. and the share to daughter, was 30000 share at 5 pounds per share. given us 150000 (Potential exempt transfer )pound. 150000K become chargeable as result of his death.
and it would be deducted from the Nil rate band of 325000.
325000-150000 = 175000
Nil rate band balance is 175000
previous gross transfer is 400k+ (i couldnt recall the precisely figure again)

Therefore , 175000 x 0%
and balancing figure at 40%

No taper relief. as less than 3 to 4 yrs .

Not sure…

[Author]

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