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.