A client wishes to prepare a Deed of Variation to his late Mother’s Will to set up a Discretionary Trust and the asset in the trust will be a rental property. He then wishes the property to be passed to his wife (so that she can receive the rent) and I was contemplating a debt charge scheme with the property passing to the wife with a charge back to the trust. Is there a problem with doing this (specifically I am thinking about stamp duty but there may be other considerations?) It seems that debt charge schemes are not popular these days. The alternative I think would be to appoint the property to wife on revocable life interest trust but that has it’s risks if she were to die before the life interest was revoked as the value of the property would form part of her estate. The purpose of the DOV is to mitigate inheritance tax on client’s own estate (and wife’s) but he wishes to retain control due to issues with their children at the moment.