Rysaffe Principle query

Wildparaplanner · May 8

Hi all,

We have a case where we are looking to establish 6 Loan trusts (£500k each) using the Rysaffe Principle (1 trust set up on each subsequent day).

However, we are also looking to establish a WOL plan alongside the above, where the premiums won't fall under the gifting out of excess income rules. My understanding is that the premiums would be considered CLTs but I don't fully understand how this works in practice.

How would you go about doing the above and does the WOL plan need to be established at a certain time to not interfere with the Loan Trust planning or does it not matter?

Thanks
Wild