Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Trusts, Settlements and Estates Manual

HM Revenue & Customs
, see all updates

Legal Background to Trusts and Estates: All beneficial interests cease

A trust ceases when the only remaining interests are absolute and vested in possession.They are no longer deferred.

Normally this results from the wording of the trust documents. Sometimes it results from the operation of law.