settled property

for capital gains tax and inheritance tax purposes, settled property is property held on trust for persons in succession, or upon a contingency (e.g. the attainment by a beneficiary of a specified age) or where the income or capital is payable at the discretion of the trustees (or some other specified person). Not all property held in trust is settled property. For example, property held under a bare trust (that is, where the beneficiaries are absolutely entitled to the trust property as against the trustees and as a result must hold or transfer the property to the order of the beneficiaries). The definition employed by the tax legislation derives from (but is not identical to) that found in the Settled Land Act 1925.

单词	settled property
释义	settled property settled property for capital gains tax and inheritance tax purposes, settled property is property held on trust for persons in succession, or upon a contingency (e.g. the attainment by a beneficiary of a specified age) or where the income or capital is payable at the discretion of the trustees (or some other specified person). Not all property held in trust is settled property. For example, property held under a bare trust (that is, where the beneficiaries are absolutely entitled to the trust property as against the trustees and as a result must hold or transfer the property to the order of the beneficiaries). The definition employed by the tax legislation derives from (but is not identical to) that found in the Settled Land Act 1925.
随便看	leave in the dark about leave in the dark about something leave in the dust leave in the hands of leave in their care leave in their hands leave in the lurch leave in the lurch, to leave-in-time leave in your care leave in your hands leave it alone leave it aside leave it at that leave it be leave it better than you found it leave it for another leave it for another occasion leave it in care leave it in her hands leave it in his hands leave it in my hands leave it in our hands leave it in ruins leave it in the hands of