TSEM1903 - Introduction to trusts: claims about error relating to trust: error in making disposition - 바카라 사이트˜mistake바카라 사이트™
바카라 사이트˜Mistake바카라 사이트™ concerns a person making a 바카라 사이트˜voluntary disposition바카라 사이트™, that is, a gift. It can involve someone establishing a trust, or trustees making an appointment or distribution from trust funds. The making of the disposition may result in a tax liability the person had not anticipated. The parties involved may seek to overturn the disposition through the High Court by invoking 바카라 사이트˜mistake바카라 사이트™. The parties may ask whether HM Revenue & Customs wants to be joined in the proceedings.
In some cases the parties alleging 바카라 사이트˜mistake바카라 사이트™ may approach us seeking our agreement to ignore the disposition for tax purposes without going to Court. In the absence of a court order, we would normally adhere to the tax consequences that flow from the disposition.
Refer any cases involving 바카라 사이트˜mistake바카라 사이트™ to Trusts Technical Nottingham for advice.