Tag Archives: Inheritance Tax
Life Insurance. How The New Regulations Affect Policies Written In
Life Insurance. How The New Regulations Affect Policies Written In Trust.
In his spring Budget the Chancellor Gordon Brown announced swinging measures to tackle the use of Trusts being used to avoid Inheritance Tax. The immediate reaction amongst the financial and legal fraternity amounted to panic and confusion. Within ten days of the budget speech the [...]
Life Insurance – One More Step On The Insurance Ladder
Life Insurance – One More Step On The Insurance Ladder
The recently over 60s are the post-war baby boomers. Their insurance needs are very different from that of a young family or someone just starting out in their first job.
A typical 60 something couple will have raised their family, finished paying off their mortgage and are [...]
Should Your Life Insurance Policy Be Written In Trust?
According to one of the largest UK life insurance companies, just 1% of life policies are written in trust. That is disgraceful and reflects poorly on the financial industry.
Let’s explain.
If your life insurance policy is Written in Trust then, in the event of a claim, the insurance company pays out directly to the [...]