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Home » News & Insights » Jargon Busting

Jargon Busting

Posted on 11th September 2018

Do you find yourself switching off when your Accountant starts talking about trusts, estates and executors?

Avanti Accountants aim to speak with our clients in plain English, ensuring that when it comes to your accounts you’re switched on.

This week we are asking, what is  a discretionary trust?

A trust where the trustees can choose which beneficiaries (if any) should receive income and/or capital.  They are a flexible way of setting property aside for the benefit of one or more persons?

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Filed Under: Jargon busting

Disclaimer:- The information contained herein is given by way of general guidance only and no action should be taken solely on the basis of the information contained herein. The Avanti Group (UK) Ltd will be pleased to provide further guidance on the issues, and how they might affect you. No liability is accepted by the firm for any action taken without seeking appropriate professional advice

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