Who do you trust?

For those advisers that think trusts are a complicated and dusty old corner of the law, it is now time to take a fresh look at this area of the market. And as the advice process in financial services comes under growing scrutiny, the appropriate use of trusts with protection policies will increasingly come under the spotlight. There are a number of key reasons why a trust is a sensible option for use with a protection policy: °Ω Funds can be made available more quickly after the death of the life assured. • A trust can be used to earmark funds for particular beneficiaries. • Inherit...