Most life assurance companies offer “standard” draft trusts for use with their policies. When some flexibility as to the choice of beneficiaries is required, almost all of the companies offer a flexible power of appointment interest in possession trust rather than a fully discretionary trust.
This content is only available upon subscribtion to Techlink.
Technical Connection Ltd, 1st Floor, York House, 23 Kingsway, London, WC2B 6UJ
Email: enquiries@technicalconnection.co.uk