We offer all of our clients a free arrangement service for straightforward trusts; we can also arrange more complicated trusts at an additional cost.
Having a trust in place on your policy is a very good idea as it specifies who gets the money from a policy. It also helps speed up payments and can avoid Inheritance Tax on the payout of your insurance policy.
Why is it good to put your policy into Trust?
Having a trust in place allows you to say who you want the money to go to and how much.
Trusts get money paid out without any legal delays.
Trusts make sure that no Inheritance Tax is paid on the benefit.