CG18060 - Annual exempt amount: settlements: disabled persons: qualifying conditions

The trust instrument ensures that, during the lifetime of the disabled person, any property is applied for the benefit of beneficiaries, see CG18063-CG18064, not less than 50 per cent of that property is applied for his or her benefit AND EITHER

  1. the disabled person must be entitled to not less than 50 per cent of any income of the trust, see CG18066

OR

  1. no part of the income may be applied for the benefit of any other person.