Policy in trust

It’s a very good idea to make sure you put your life insurance policy in trust.¬† That way, you can be reassured that the pay out from your life insurance will go to the right people when you die.

If you don’t do this, your policy will automatically become part of your estate and it will be subject to inheritance tax.

Placing your policy into a trust should also speed up the process of getting money to your beneficiaries.

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