Happy Christmas to everyone
I wonder if members could comment on the below please .
I have an estate with two executors who are also the two beneficiaries.
There is a large potential liability to CGT on the investments . We have considered a DOV and let other family members take the gain. However the gain is possibly too large for this.
One other suggestion is that they could put all of the assets and cash via a Deed of Appropriation in to a bare Trust. The Trustees would then manage this themselves outside of the estate.
Can this be done. If it can they would have a Trusts CGT allowance and would have to keep selling over a number of years.