Before you apply
Before proceeding to the application stage you should ensure that your client wishes to set up a Loan Trust (creating fixed trust interests), which is on an absolute basis.
Should they wish to establish the trust on a discretionary basis, please look at our Flexible Loan Trust.
Please also ensure your client has read the important notes for applications.
The application stages
- Trustees complete the bond application form as the applicants
- The trustees can invest in the Investment Bond
The following items should accompany the application
- Cheque for investment amount (can be drawn on the settlor(s) bank account)
- Confirmation of verification of identity of the settlor(s) and all additional trustees
- Copy of illustration
- Policy documents will be issued to the trustees