Practical Law UK Glossary 3-382-6327 (Approx. 4 pages)
Glossary
Vulnerable person
In general, a vulnerable person is either a minor or someone who, for physical or mental reasons, is unable to look after themselves or their finances.
For income and capital gains tax purposes (specifically, in relation to the taxation of trusts and the vulnerable person election) a vulnerable person has a specific technical definition, and is either: