In case of Discretionary Discounted Gift Trust, the settlor has the right to receive annual...

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AAFM CTEP Question Answer

In case of Discretionary Discounted Gift Trust, the settlor has the right to receive annual capital payments upto ________ of the original capital. The trust is suitable for individuals who have a liability to ______________ and are happy to make substantial gifts.

A.

5%; Gift Tax

B.

8%; Transfer Tax

C.

8%; Estate Duty

D.

5%; Inheritance Tax

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Product: CTEP
Update on: Jul 25, 2025
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