Trust Forms

Trusts Forms are key when arranging life cover as without doing so the funds could end up forming part of your estate and ultimately increase your Inheritance Tax Liability. As well as this the policy could potentially pay out to the wrong person. Trust forms should not be confused with a Will, the Trust Form is specifically for your Life or Critical illness plan.

By placing the policy into a Trust you are ensuring the benefit doesn't form part of your estate, and more importantly pays quick and efficiently to your chosen beneficiary.

As Independent Financial Advisor's we can assist you in arranging the trust forms for your plan, providing you with the peace of mind that should the worst happen your loved ones will be taken care of. If you have cover in place which was arranged direct or through your bank it is likely that it is not in Trust, and therefore may not do what you initially planned so we recommend you speak to our Protection Advisor for a free no obligation review of your arrangements.