释义 |
bereaved minor’s trust As defined by the Inheritance Tax Act 1984 s 71(A), a trust established under a will for the minor child of the testator. Under such a trust the child must become entitled to the assets of the trust on or before attaining 18. No additional inheritance tax charges are incurred when the capital is distributed out of the trust to the child. A statutory trust for the minor child of an intestate also qualifies as a bereaved minor’s trust. |