Do I require a pilot trust?

If you answer YES to ANY of the following questions a Pilot Trust may be appropriate for you:

 

Could your estate receive funds from a death-in-service benefit, pension fund or life insurance payout when you die and you wish to avoid unnecessary inheritance tax?

 

Do you wish to protect your assets for your children from a previous marriage?

 

Have you vulnerable beneficiaries your wish to protect from creditors, financial abuse, divorce claims or future care fees?

 

Do you wish to protect some or all of your estate for future generations (ie grandchildren)?

 

If you are not married do you wish to reduce your partner's future inheritance tax liability?

 

A probated Will is a public document, do you wish to avoid disclosure of beneficiaries by leaving a bequest to a Pilot Trust?

 

Do you wish to avoid additional fees for the preparation of future Wills that would otherwise incorporate Will Trusts?

 

Would you like to relieve your beneficiaries of their future inheritance tax liability? The funds or property held in a Pilot Trust do not belong to any one beneficiary so they are not subject to inheritance tax when one of the beneficiaries dies.