An “18 to 25” trust is identical to a Bereaved Minors’ Trust except that the beneficiary must become entitled to the trust property by the age of 25 at the latest, rather than 18.

Between the ages of 18 to 25, the beneficiary must either be entitled to an interest in possession or else the trust funds must be accumulated for their benefit (there is one exception about small non-qualifying payments).

These trusts can be created at anytime providing: (1) at least one of the beneficiary’s parents has died; and (2) that beneficiary is under the age of 25.

These trusts receive special treatment of Inheritance Tax purposes because they are exempt that form the 10-year anniversary tax charge.