Settlor trusts: introduction: summary of provisions
These provisions do not apply in a year of assessment in which:
- the settlor dies, or,
- if the interest in the settlement is attributable only to the settlor’s spouse or civil partner or, either:
- the spouse or civil partner or child dies, or
- the settlor and the spouse divorce, or the settlor and the civil partner dissolve their civil partnership, see CG34811, or
- the child ceases to be a step-child.