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What are the tax advantages associated with Capital Gains Tax (CGT) and Testamentary Trusts?

Maximize Wealth: CGT & Testamentary Trust Tax Benefits

Testamentary trusts offer potential benefits related to CGT. Capital gains can be distributed to beneficiaries with a potential 50% CGT discount, even if the assets were held for less than 12 months by the trust, provided the original owner held them for at least 12 months.