I once read an article in the Solicitors Journal about how NRBDTs can be used to avoid the RNRB tapering away when a married couple’s combined estate on second death is over £2 million. As I understand it, the idea is similar to how NRBDTs worked before the TNRB was introduced, and then no appointments out are made within 2 years.
Do members use these NRBDTs as a matter of course where the estate is slightly over £2 million, or only in certain situations e.g. previous marriage, business?