Trusts
Writing your policy under Trust
Using a trust provides a number of benefits, specifically:
- You can identify who the beneficiaries should be (and with some trusts you have the ability to change this).
- Your chosen beneficiaries will receive the benefit quickly without the need for probate or prior payment of Inheritance Tax (IHT). For this to be effective, it is essential that you appoint at least one additional trustee to act with you and, of course, to deal with the policy in the event of your death.
- The amounts payable to your beneficiaries are, generally, free from inheritance tax.
There are two main types of trust available to you, Flexible Trusts and Absolute Trusts (also known as Bare Trusts). These trusts have different features and different Inheritance Tax treatments.
Find out more in our Trusts Guide
Independent Financial Adviser
Speak to a fully qualified and independent
Invest Southwest adviser today.
Call 01823 353970
or
Why choose Invest Southwest for your financial advice?
- We have a team of fully qualified and independent financial experts
- We are highly recommended by our clients
- We deal with a wide range of products
Call 01823 353970 to find out more
"I would recommend Invest Southwest to anyone who needed financial advice and guidance. They will give a honest and real solutions to your individual requirements."
Mr. G.
Independent Advice
The Financial Conduct Authority does not regulate taxation and trust advice, or Will writing.