Trusts & Wills

Trusts

Trusts play an important role in protection planning. Issuing a protection policy subject to a trust can help by:

 

  • Ensuring payments are made without any probate delay, so long as there’s at least one surviving trustee

  • Helping to mitigate the effects of inheritance tax, as the proceeds gifted to a trust fall outside the policyholder’s taxable estate on death

  • Ensuring the proceeds will be paid to whoever the policyholder nominates or would have chosen

We advise all our clients to put their policies into a flexible discretionary trust and will arrange this for them as part of the overall service.

Wills

A will primarily lets you direct how your belongings such as bank balances, property, or prized possessions should be distributed.

If you die without a will the state oversees the dispensation of your assets, which it will typically distribute according to a set formula. 

We always recommend our clients to have a Will if they have any assets to distribute if the unfortunate were to happen.

For more information on the cost of a Will or to arrange to speak to Nicole about setting up your policy in Trust or to arrange a Will please use the relevant button below. 

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Robinson Financial Services is a trading style of Nicole Robinson who is a Registered Individual of Ronan Muldoon trading as Freelance Financial, who is authorised and regulated by the Financial Conduct Authority.

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