You should consider, when the benefits of some protection policies are realised, it is possible that an inheritance tax liability could be created. This will depend on your circumstances at that time, but may be mitigated by placing such policies in trust. Putting your policies into trust will also mean that your estate will be dealt with according to your wishes by your appointed trustees, removing the need to wait for probate to be dealt with. Having a valid will is also something that is highly recommended and both the trust and will work is something we would be happy to advise you on, putting you in touch with one of our specialists.
AMG Financial Solutions
17 Park Lane
Tel: 01625 878242
Fax: 01625 878278
AMG Financial Solutions Limited is an appointed representative of HL Partnership Limited which is authorised and regulated by the Financial Conduct Authority.
AMG Financial Solutions Limited is a company registered in England and Wales with company number 05194334. The registered office address is 17 Park Lane, Poynton, Stockport, Cheshire, SK12 1RD.
The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.