In these circumstances, the trust could lose its status as a "testamentary trust", and with it, the graduated tax rates afforded to testamentary trusts.
Reports described as medico-legal reports, obtained specifically for the application and which merely repeated an applicant's uncorroborated claims were afforded little weight.
So, he welcomed the frequent opportunities afforded him as export sales manager for getting away from all this ill humour to familiarise himself with the firms foreign markets.
