Putting Life Insurance in Trust to protect your loved ones tax-efficiently.
LIFE INSURANCE UK WIDE
Whether you’re in Aberdeen, London, or anywhere in the UK, our expert team provides clear, friendly guidance.
Putting life insurance in trust is one of the smartest and most tax-efficient ways to ensure your loved ones receive the money quickly and without complications.
At Hay-House Financial Services, we help you set up a life insurance trust that protects your family, avoids inheritance tax, and speeds up the payout process—giving you peace of mind that your wishes will be carried out, making sure your loved ones are protected exactly as you intend.
A life insurance trust is a legal arrangement that allows you to choose:
- Trustees – the people who manage the money
- Beneficiaries – the people who will receive the money
When your life insurance is written in trust, the payout doesn’t form part of your estate. This means:
- No delay from probate or confirmation
- Reduced or no inheritance tax
- Full control over who gets the money and when
Benefits of putting Life Insurance in Trust
Faster Access to Funds
Payouts through probate can take months. A policy in trust is usually paid out within weeks.
Inheritance Tax Savings
Trust-held policies generally fall outside your estate, helping you stay below the 40% inheritance tax threshold.
Control Over Who Gets What
Ensure the right people receive the right amount. Perfect for cohabiting couples, children, or blended families.
Protect Vulnerable Beneficiaries
Appoint trustees to manage funds on behalf of children or individuals with additional needs.
Prevent Disputes
A legally binding trust makes your wishes clear—minimising confusion, delays, or legal challenges.
Who should consider putting Life Insurance in Trust?
You should strongly consider putting your policy in trust if you:
- Have a mortgage or dependents
- Live with a partner you’re not married to
- Want to avoid delays and taxes
- Have young children or vulnerable dependents
- Own a property or large estate
No — putting your life insurance in trust is free. Most insurers offer this service as part of the policy setup. Even if your policy wasn’t arranged through us, we can still help you set up a trust properly, at no cost.
- Have a mortgage or dependents
- Live with a partner you’re not married to
- Want to avoid delays and taxes
- Have young children or vulnerable dependents
- Own a property or large estate
Yes — depending on the type of trust, you can keep flexibility over:
- Your beneficiaries
- How and when money is paid out
- Who your trustees are
We’ll explain the pros and cons of fixed, flexible, or discretionary trusts, so you make the right choice for your circumstances.
- Expert life insurance advisors
- Specialists in mortgage and protection planning
- We’ll help you put your policy in trust — at no extra cost
- Transparent, friendly advice across the UK
- Ongoing support if your life changes
Whether you’re in Aberdeen, London, or anywhere in the UK, we’ll ensure your policy is set up correctly, giving you total peace of mind.
Make sure Life Insurance does what it’s meant to
Buying life insurance is only half the job — making sure the money reaches your family when they need it is just as important. Let us help you protect what matters properly by putting your policy in trust.
Contact Hay-House Financial Services today for expert advice.
Call us on 07502 523238 or Email sl@hay-house.co.uk to book your consultation today for expert, financial advice you can trust.