Will giving residue to spouse or civil partner on IPDI trust with no overriding power of appointment, default to 18 to 25 trust, with nil rate band trust | Practical Law

Will giving residue to spouse or civil partner on IPDI trust with no overriding power of appointment, default to 18 to 25 trust, with nil rate band trust | Practical Law

A will giving the residuary estate to a spouse or civil partner on immediate post-death interest (IPDI) trusts with no overriding power of appointment, with a default gift to an 18 to 25 trust for the testator's children. It includes gifts of personal possessions (personal chattels), money (pecuniary legacies) and a nil rate band discretionary trust.

Will giving residue to spouse or civil partner on IPDI trust with no overriding power of appointment, default to 18 to 25 trust, with nil rate band trust

Maintained, England, Wales
A will giving the residuary estate to a spouse or civil partner on immediate post-death interest (IPDI) trusts with no overriding power of appointment, with a default gift to an 18 to 25 trust for the testator's children. It includes gifts of personal possessions (personal chattels), money (pecuniary legacies) and a nil rate band discretionary trust.
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