A great way for grandparents to invest

Because this investment is set up under a bare trust, it is a great way to invest for your grandchild. On investing the money into the plan it is 'gifted' to the child, so providing you live for seven years after making the gift, it will be free from inheritance tax.

You should remember that tax rules are subject to change and that professional guidance should be sought in respect to inheritance tax planning.

More information about the Children's Unit Trust
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