a trust is a great way to help ensure your customers’ loved ones or their business is protected. for example, if your customer didn’t have a trust and they weren’t married or hadn’t made a will, their surviving partner may not be legally entitled to the policy proceeds. they choose who benefits from the policy and who looks after the money (the trustees). for relevant life plan trusts the settlor is referred to as the principle employer these are the people chosen to look after the trust, make any future claims, and arrange for the money to be paid to the beneficiaries – in-line with the settlor’s instructions.
it’s also their responsibility to take legal ownership of the trust fund, and act in the best interests of all the beneficiaries. for personal and relevant life plan trusts, these are the people who are to receive the money from the trust fund. this could be a spouse, registered civil partner or children for example. our claims team are specially trained by the samaritans, so you know that your customers’ trustees will speak to someone who understands that this may be a difficult time. find frequently asked questions around trusts or our new online trusts, you can also download our guide for additional information this website is designed to give professional financial advisers information and tools that they can use to help control and develop their business and should not be relied upon by private investors or any other persons.
putting your life policy in trust is easy and we can help you decide which trust could be right for you in just a few minutes. if you need help with a business trust please speak to your adviser about your business protection trust options. this is called ‘life insurance’, ‘decreasing life insurance’ or ‘increasing life insurance’ on your policy booklet. this is called ‘life insurance with critical illness cover’, ‘decreasing life insurance with critical illness cover’ or ‘increasing life insurance with critical illness cover’ on your policy booklet. this is called ‘critical llness cover’, ‘increasing critical llness cover’ or ‘decreasing critical illness cover’ on your policy booklet. please speak to your adviser or seek specialist advice about your trust options for this type of insurance.
please speak to your adviser or seek specialist advice about your trust options for this type of insurance. please speak to your adviser or seek specialist advice about your trust options for this type of insurance. based on your answers you may want to consider a discretionary trust, as: 1. this gives you the flexibility to include more or change your list of beneficiaries in the future 2. it gives your trustees the discretion to share out the money to this list of beneficiaries only, according to your wishes. on this basis you may want to visit our inform section of this trusts tool to reconsider if a trust is right for you or seek specialist advice. based on your answers you may want to consider a discretionary trust, as: 1. this gives you the flexibility to include more or change your list of beneficiaries in the future. if you want to find out more about this trust visit our inform section.
once you know the type of trust you’d like to set up, we can help you fill in the right form online and get you and your clients on your way. get help choosing the right type of trust. choose between absolute trust, discretionary trust, flexible trust, survivors discretionary trust. the policy documents – these include the policy documentation, which contains all the important information about the life policy, which forms the trust fund., types of legal trusts, types of legal trusts, legal and general online trust form, legal and general trust hub, legal and general beneficiary form.
this trust can be used for new or existing legal & general protection policies. 7. the settlor is the person who is creating the trust. the trustees will be the the benefits of our online trusts no need for signatures – trusts are in place from the outset, making it easier for you and your customers more flexibility – choosing the right trust for your life policy isn’t always easy. but with our online trust tool, you can get all the help you need. discover more., legal and general flexible trust deed, aviva trust forms, l&g survivor’s discretionary trust form, scottish widows trust forms, legal and general child trust fund, legal and general letter of wishes, legal and general change of trustee form, royal london discretionary trust, legal and general adviser, discretionary trust payments to beneficiaries.
When you try to get related information on legal and general trust forms, you may look for related areas. types of legal trusts, legal and general online trust form, legal and general trust hub, legal and general beneficiary form, legal and general flexible trust deed, aviva trust forms, l&g survivor’s discretionary trust form, scottish widows trust forms, legal and general child trust fund, legal and general letter of wishes, legal and general change of trustee form, royal london discretionary trust, legal and general adviser, discretionary trust payments to beneficiaries.