IPDI trust

IPDI trust
England, Wales
A trust in which there is an immediate post-death interest (IPDI).

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Игры ⚽ Поможем решить контрольную работу

Look at other dictionaries:

  • IPDI — immediate post death interest (IPDI) England, Wales An interest in possession (IIP) (interest in possession trust) where: • The trust is created by a …   Law dictionary

  • life interest trust — A type of private trust where the life tenant is entitled to receive for life or a fixed period all or a fixed share of the income generated by the trust fund. On his death, the right to trust income will pass to another or the trust may come to… …   Law dictionary

  • immediate post-death interest — (IPDI) England, Wales An interest in possession (IIP) (interest in possession trust) where: • The trust is created by a …   Law dictionary

  • interest in possession — England, Wales Interest in possession (IIP) is a trust law principle that has UK taxation implications. A beneficiary of a trust has an IIP if they have the immediate right to receive the income arising from the trust property, or have the use… …   Law dictionary

  • IIP — England, Wales Interest in possession (IIP) is a trust law principle that has UK taxation implications. A beneficiary of a trust has an IIP if they have the immediate right to receive the income arising from the trust property, or have the use… …   Law dictionary

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”