Will my loved ones have to pay inheritance tax?
If your life insurance is written in Trust, this effectively sidesteps inheritance tax – your life insurance doesn’t become part of your estate and bypasses the timely legal processes after death, like probate.
We offer a Trust service for free on every policy we provide, so it’s well worth getting this set up so your loved ones can access the life insurance payout faster.
Trust planning is not regulated by the Financial Conduct Authority. Inheritance tax planning is not regulated by the Financial Conduct Authority.