Q I P 116 51/ 15/627/February 2022 This brochure deals only with the inheritance tax applicable to the Lifestyle Trust. Other taxes such as income tax which may apply to the Collective Investment Bond are addressed in the relevant product brochure. This document is based on Quilter’s interpretation of the law and HM Revenue & Customs practice as at February 2022. We believe this interpretation is correct, but cannot guarantee it. Tax relief and the tax treatment of investment funds may change. The value of any tax relief will depend on the investor’s financial circumstances. Full details of the range of trusts and investment products available from Quilter can be obtained from our website or from your usual sales consultant. Investments may fall or rise in value and your client may not get back what they put in. Quilter cannot accept responsibility for any losses or liabilities arising from actions taken as a result of the information contained in this document. platform.quilter.com Please be aware that calls and electronic communications may be recorded for monitoring, regulatory and training purposes and records are available for at least five years. Quilter is the trading name of Quilter Investment Platform Limited which provides an Individual Savings Account (ISA), Junior ISA (JISA) and Collective Investment Account (CIA) and Quilter Life & Pensions Limited which provides a Collective Retirement Account (CRA) and Collective Investment Bond (CIB). Quilter Investment Platform Limited and Quilter Life & Pensions Limited are registered in England and Wales under numbers 1680071 and 4163431 respectively. Registered Office at Senator House, 85 Queen Victoria Street, London, EC4V 4AB, United Kingdom. Quilter Investment Platform Limited is authorised and regulated by the Financial Conduct Authority. Quilter Life & Pensions Limited is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Their Financial Services register numbers are 165359 and 207977 respectively. VAT number 386 1301 59.