Gift and Loan Trust

Inheritance tax planning with access to your money

With this trust, you loan the trustees a lump sum, on an interest-free basis. As it’s a loan to the trust, you’ll get unlimited access to the outstanding loan, taking regular or ad hoc payments. The outstanding loan stays inside your estate so is in scope for inheritance tax. However, you won’t need to pay inheritance tax on any investment growth.

Is the Gift and Loan Trust right for you?

Take regular or ad-hoc payments
Investment growth is free from inheritance tax
Flexibility over who receives the money and when

What are the risks?

Just so you're aware, we're unable to change the terms of your annuity policy once we've set it up. Your income will stop when you die unless you opt to include death benefits. Inflation will reduce the spending power of your income, especially if you haven't chosen a rising income. Tax rules depend on individual circumstances and may change. Other annuity providers may provide you with a better outcome.

This trust could be right for you if:

  • You want inheritance tax planning and access to your money

  • You want to take regular or ad hoc withdrawals

  • You want the option for beneficiaries to receive payments while you’re alive

This trust might not be right for you if:

  • You want to access the investment growth

  • You want to loan the money for less than five years

Bonds that can be used with this trust

Find out more about the investment bonds that can be used with this trust:

Delta Account

 Premiere Accounts

 Elite and Prestige Accounts

Frequently asked questions