You are Here: Partnerships - IFA's partnership pack - Policies written in trust  
     
  What "written in trust" means to you...  
 

If your life insurance policy is written in trust then, in the event of a claim, the insurance company pays out directly to the beneficiaries you name on the policy.

The significance of this can be easily missed...

If your life insurance policy is "written in trust", the proceeds from the policy never form part of your legal estate and so are not currently subject to Inheritance Tax. That means that it is your loved ones that receive the benefit of your insurance cover, not the tax man.

 
 
     
  Should your life policy be written in trust?  
 

Yes, for certain. Statistics indicate that only 1% of life policies are written in trust. This is a shocking illustration of the poor advice given to people who have, responsibly, taken out life insurance to protect their mortgage in the event of their death.

Fortunately, you are becoming better informed with every word you are reading, and can make a decision now to protect the interests of those who are dear to you.

 
     
  What RG Solicitors can do for you...  
 

We have a designated team geared to ensuring that the life insurance that you have just arranged with your broker is properly written in trust.

Please do give us a call, and we will be delighted to help you plan ahead.

Effective estate planning can reduce the amount of Inheritance Tax which may otherwise have be paid

 
   
  Life Insurance "written in trust" is a win win situation!  
 

So, we believe that a life insurance policy written in trust is a win win situation; and there aren't many of those around these days!

We can't see any drawbacks.

 
   
  For further advice please contact us.  
  Why go anywhere else?  
     
  QUICK LINK
  Estate Agents - A.S.K.
  IFA's partnership pack
  Wills 'for life'
 
 
 
 
 
 
   
 
           
RG Solicitors © 2011   Privacy & Data protection   Sitemap