Wealth Management & Wealth Preservationaward-winning financial advice from the heart of constable country
Watch us on FWMTV Existing Client? Login
+44 (0)1206 321045
Menu
Watch us on FWMTV Existing Client? Login
  • About
    Us
    • About Us
    • Our Clients
    • Thinking About Becoming a Client?
    • Awards
    • Client Testimonials
    • Our Fees
    • What We Do
    • Key Documents
    • Our Team
    • Charities & Groups we Support
  • Financial
    Planning
    • Overview
    • Assessment of Risk
    • Fiducia Mastertrust
  • Investment
    Management
    • Overview
    • Investment Plans Process
    • Investment Solutions
  • Pensions
    & Retirement
    • Overview
    • Preparing for Retirement
    • At Retirement
  • IHT & Estate
    Planning
    • Overview
    • Trust Planning & Solutions
    • Financial Investment Advice
    • Whole Life Insurance
    • Wills & Powers of Attorney
  • Later Life
    Planning
    • Overview
    • Investment And Savings
    • Long Term Care
    • Home Equity Release
  • Protecting
    Your Family
    • Overview
    • Life Assurance
    • Income Protection Cover
    • Critical Illness Cover
    • Private Medical Insurance
    • Business Solutions
  • Professional
    Connections
  • News &
    Case Studies
  • Contact
    Us
    • Contact
    • Recruitment

Whole Life Insurance

Home Whole Life Insurance

Where wealth consists mainly of illiquid assets, such as property, an appropriate life policy in trust can provide the means to settle the Inheritance Tax to prevent the sale of this asset. Discuss our whole life insurance services and whole of life policies today.

 

divider

A whole of life policy written under trust can provide a number of advantages:

  • Provision of a capital sum to beneficiaries which they can use to pay IHT liability
  • You can specify who will receive the capital lump sum
  • Capital can be paid before grant of probate is obtained
  • The cost of the policy can be met from annual IHT exemptions

We can advise on the appropriate level of cover, the most cost effective arrangement, underwriting process and use of trusts.  We also regularly review the level of cover to ensure it remains appropriate.

We are what we repeatedly do. Excellence, therefore, is not an act but a habit
Aristotle

Further information about Pensions & Retirement:

Estate Planning & IHT
The wish to leave wealth to future generations...
The wish to leave wealth to future generations and to avoid unnecessary Inheritance Tax are often important factors. However, the understandable concern for...
Find Out More
Estate Planning & IHTFinancial Investment Advice
A lifetime’s accumulated wealth will include...
A lifetime’s accumulated wealth will include assets such as a private property, savings and investments, perhaps also shares. Where assets are liquid a...
Find Out More
Estate Planning & IHTTrust Planning & Solutions
Lifetime transfers of wealth can be made in...
Lifetime transfers of wealth can be made in trust as a form of asset protection and to ensure monies reach the intended beneficiaries. Get in touch with our...
Find Out More
Estate Planning & IHTWills & Powers of Attorney
You will be aware of the need to have a valid...
You will be aware of the need to have a valid Will, however this is often overlooked as is the need to regularly update the Will to ensure it continues to...
Find Out More
Estate Planning & IHTProbate Services
Bereavement can be very stressful for all...
Bereavement can be very stressful for all concerned without the added burden of dealing with a loved one’s estate.  Obtaining the grant of probate, which...
Find Out More

We look forward to the future now as the past has been very stressful

We would just like to say thank you for the meeting this afternoon, we feel that we have made the right choice in putting our financial Investments with you.  It is a time of change for us and it is important that we feel someone is there to guide us as we move into a new chapter in our lives. We look forward to the future now as the past has been very stressful, and although it gave us financial security, it came at a high cost health wise.  A new less hectic life awaits us although I will have to stop spending so much on little rewards!
Fiducia Client

My thanks to you and the team for your help

You may recall that our affairs were so fragmented that I had to resort to A3 paper in order to be able to read the print out of my spreadsheet. I am pleased to say that I am now back to using A4 paper, so matters are becoming simpler and clearer. My thanks to you and the team for your help with this (and for saving a few more trees).
Fiducia Client

Fiducia are an unfailing helpful and knowledgeable group of people whose investment analysis and advice has helped grow my pension and savings portfolio over the many years I have been privileged to have them as my financial advisers.

Fiducia are an unfailing helpful and knowledgeable group of people whose investment analysis and advice has helped grow my pension and savings portfolio over the many years I have been privileged to have them as my financial advisers. Their careful analysis of my risk profile and their choice of funds for me have increased the value of my portfolio despite the global market upheavals of recent and less recent memory. I find their regular market surveys distributed to clients to have an impressive depth of knowledge. I have no hesitation in recommending their services to friends and family and will continue to do so.
Mr Brown Solicitor, Hadleigh in Suffolk

Fiducia have treated me so well over the years moving my money around, so that overall I have gained and recently when they knew I was considering cashing in my pension they suggested I move it to ‘safe’ investments.

I have had my pension with Fiducia for many years. I am not a big investor. Fiducia have treated me so well over the years moving my money around, so that overall I have gained and recently when they knew I was considering cashing in my pension they suggested I move it to 'safe' investments, as the referendum was about to happen and as we have seen this was excellent advice. This is why they are so good. They suggest actions to the client and are in frequent contact. Previously I was with two different companies and was basically left alone and when I was contacted, it could be from any number of people, whereas the same person has always dealt with me at Fiducia. I have watched this company grow, always putting the client needs first and not just those with large pension pots!
Mrs Clibborn Business Owner, London

The team at Fiducia are consistently professional and successful in managing our affairs, they listen to our preferences and act in our best interest.

The team at Fiducia are consistently professional and successful in managing our affairs, they listen to our preferences and act in our best interest. The communication, commentary and advice that they regularly issue is valuable and reassuring in these volatile times.
Mr Lansdown Business Owner, Brighton, Sussex

You are always so calm, courteous and reassuring.

It is always a pleasure to speak with you on the telephone. You are always so calm, courteous and reassuring.
Mrs Scott Retired, Colchester
divider
Interested in working with Fiducia?
Email Fiducia
+44 (0)1206 321045 Office hours: 9am - 5pm
Become a client

Financial AdviceNews & Case Studies

Exploring your ISA options

Michael MacLeod, Trainee Financial Adviser Posted in Fiducia News, Financial Advice (+1 more), on 30.01.19 Read Time to give your financial future a boost?

When I’m gone

Daniel Kern, Senior Financial Adviser Posted in Financial Advice, Wealth Management on 30.07.18 Read How a simple list can help your loved ones after your death Although it may not feel like it, your family finances are...

Driving towards the next phase of your life

Gordon Kearney, Managing Director and Financial Adviser Posted in Fiducia News, Financial Advice (+1 more), on 30.08.18 Read Getting the date right can help you reach your destination sooner At some point you’ll say ‘goodbye’ to your co-workers,...

Award Winners!

Fiducia Posted in Fiducia News, Financial Advice on 02.03.18 Read Fiducia Wealth Management are delighted to have been awarded Adviser of the year (East Anglia and the Midlands) at the...

Will you make provision for all those you hold dear?

Daniel Kern, Senior Financial Adviser Posted in Fiducia News, Financial Advice (+1 more), on 08.03.18 Read Getting your affairs in order and planning what you want to pass on to loved ones Writing a will may seem daunting, and with...

Savings income doesn’t need to be taxing, but it might be taxed!

Daniel Kern, Senior Financial Adviser Posted in Fiducia News, Financial Advice (+3 more), on 31.01.18 Read Prior 6 April 2016 savings from bank and building society accounts were taxed automatically at the basic rate of income tax...

NS&I Guaranteed Growth Bonds Now Available

Fiducia Wealth Management Posted in Financial Advice on 04.05.17 Read National Savings and Investments have now launched the new Investment Guaranteed Growth Bonds.  The Bonds, which are a lump...

Inheritance Tax Exemptions

Richard Heath, Senior Paraplanner Posted in Financial Advice, Inheritance Tax on 15.04.17 Read Making a gift to your family and friends while you’re alive can be a very effective way to reduce the value of your estate...
View More
Read more about Whole Life Insurance + -

Life insurance policies are assets like any other. As such, they can be put into a trust so that when you pass on, the funds that come from the policy are handled the same as any other assets in trust.

This is known as having life insurance “written under trust”.

Having life insurance written under trust will not be appropriate in every circumstance. However, particularly if you have your wealth tied up in mainly illiquid assets such as property, it can bring a number of specific advantages in terms of maximising the value of your estate and minimising Inheritance Tax (IHT) liabilities.

Discussing the legal and financial ramifications of putting life insurance into a trust with an experienced, qualified professional is essential. Our team of experts can advise on whether writing your life insurance into trust will benefit you, and if so, the appropriate level of cover, the most cost effective arrangement, how to approach the underwriting process and the management of the trust.

We also regularly review the level of cover to ensure it remains appropriate.

Benefits of a life policy written under trust

  • Avoid Inheritance Tax. The pay out from a life insurance policy forms part of the assets you pass on to your family and beneficiaries when you die, and therefore may be subject to IHT. In legal terms, any assets placed into a trust do not form part of your estate, but are passed straight to the recipient under management of a trustee. As such, they are exempt from inheritance tax.
  • Offset Inheritance Tax. Another way to think of a life insurance policy is as a way to raise extra capital to cover the expected IHT bill your family will have to pay. If the policy is in trust and exempt from IHT itself, your beneficiaries get the full sum to pay off the tax bill.
  • Pay out prior to probate. When your Will is executed, it is likely that it will have to go through the process of probate, especially if your estate includes illiquid assets such as property. Obtaining a grant of probate from a court to confirm that the terms of the will are being followed crrectly can take time. But any assets in trust, including life insurance, are exempt from the probate process. This means your family will get the pay out much quicker.
Gain further insight to all things financial

Watch the Fiducia YouTube channel for our Economic and Market updates.

View Channel
Fiducia Wealth Management | 2019 February Webcast

Investment and economic webcast with Michael Hughes

Fiducia Wealth Management Posted in Fiducia News,
on 16.01.17
Read
Fiducia are delighted to welcome back our investment and economic consultant, Michael Hughes, for his latest webcast.

Josh becomes latest Fiducia adviser to celebrate chartered status

Fiducia Wealth Management Posted in Fiducia News,
on 16.01.17
Read
A financial adviser with over ten years’ experience in both the UK and Australia is celebrating achieving chartered status.

Advisers speak to young adults about importance of personal finance

Fiducia Wealth Management Posted in Fiducia News,
on 16.01.17
Read
Financial advisers from a leading East Anglian firm have spoken to students about the importance of personal finance and...

Exploring your ISA options

Michael MacLeod, Trainee Financial Adviser Posted in Fiducia News,
on 16.01.17
Read
Time to give your financial future a boost?

State Pension

Daniel Kern, Senior Financial Adviser Posted in Fiducia News,
on 16.01.17
Read
Women will now start to qualify for the State Pension at the same age as men.

'We are delighted to be part of such an elite band of companies'

Fiducia Wealth Management Posted in Fiducia News,
on 16.01.17
Read
If I had to say what makes Fiducia great, I would immediately think of our knowledgeable and professional team who are always...
Latest News from Fiducia



  • Home
  • About
  • News
  • Our Team
  • Contact

As an Independent Financial Adviser (IFA) Fiducia Wealth Management provides first class financial and investment advice from our offices in Dedham, near Colchester on the Essex Suffolk boarder and in Chelmsford, Essex. Fiducia Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority. This site is for information only, and does not constitute financial advice.

© Fiducia Wealth Management, Dedham Hall Business Centre, Brook Street, Dedham, Colchester, Essex CO7 6AD. No unauthorised reproduction is permitted without prior consent.

Also find us at Saxon House, 27 Duke Street, Chelmsford CM1 1HT.

Registered in England and Wales. Registered Number 3029164
Authorised and regulated by the Financial Conduct Authority. Registered Number 408210

Designed and built with flawless clarity. Rubious