IHTM42225 - The settlement: non-income producing assets
Interest in possession?
Assets which do not produce income may have an interest in possession attached to them which defeats any otherwise discretionary provisions of a trust in which they are held.聽See IHTM16066
Rights of residence 鈥� joint ownership
There are also potential interest in possession issues to bear in mind for joint residential property.聽聽See IHTM16139.