Trusts

Trusts

Trusts

The right money in the right hands at the right time.

Why would I need a trust?

Writing a life assurance policy into trust ensures that the proceeds from any policy would be paid out to your beneficiaries swiftly and without the need for probate.  Probate can be a lengthy process and during that time, your next of kin will still have to pay the mortgage or rent plus any debts and bills. A trust ensures that the proceeds can be paid out without waiting for this to happen so that the money reaches your family when it is needed most. A trust also allows you to name your beneficiaries ensuring that payment is made to the right people. The proceeds would also normally be outside or your estate for inheritance tax purposes.  

We believe that trusts are so important that we will write your life assurance policy in trust for you at no extra cost.

These products are not regulated by the FCA and we are not authorised via PRIMIS Mortgage Network to advise on them.

I need advice
I want a quote
So what’s in it for you?

Satisfaction of a job well done and knowing that should the worst happen, your loved ones will have one less thing to worry about.

How much do you charge for this service?

Absolutely nothing! We believe that trusts are so important that we help you arrange them for free. 

I have some existing policies. Can I put these into trust?

Yes! All you need to do is give us the details and we will arrange this for you.

How will my trustees know my wishes?

We will help you to write a ‘Letter of Wishes’ so that your trustees know what you would like to happen with the proceeds of your life cover if you die.

How many trustees should I have?

We would normally recommend that you have 3 additional trustees, but that’s entirely up to you.

Who should I nominate as my trustees?

Your trustees should be people that you trust implicitly.  We normally suggest family members or close friends who you would trust to carry out your wishes.

Life Insurance
critical illness cover
Income Protection
Business Protection
Life Insurance
critical illness cover
Income Protection
Business Protection