Using Stakeholder Trusts to Reclaim Common Assets

Abstract

From p. 1: "Our objective here – to find new ways to reduce inequality and to redistribute inheritance – is an admirable if daunting one. It could not be more urgent. The coming years will see the largest inter-generational transfer of wealth in history – literally trillions of dollars in assets. How this wealth is transferred – to whom, through what mechanisms, and in what magnitudes -- will have a profound influence on British life. It will affect the personal development and education of millions of individuals, the vitality of the economy, the quality of public life and the very character of British culture. So it is entirely appropriate that we address the policies that govern inheritance taxation with vigor and imagination..."