Before you apply
Before proceeding to the application stage you should ensure that your client wishes to set up a Flexible Gift Trust, which is on a discretionary basis.
Should they wish to establish the trust on an absolute basis, please look at our Fixed Gift Trust (creating fixed trust interests).
Please also ensure your client has read the important notes for applications.
The application stages (new investment)
The following items should accompany the application
- Cheque for investment amount
- Confirmation of verification of identity of the settlor(s) and all additional trustees
- Copy of illustration
- Policy documents will be issued to the trustees
The Flexible Gift Trust can also be used for existing polices. Should you require any further information, please speak to your usual sales contact.