Probate trust

For quicker payment of death benefits

Before a person’s estate can be distributed, the executors must apply for probate. Waiting for probate to be granted can take a long time. Using a probate trust removes the need to get probate, so as long as there is at least one trustee, the payment of death benefits from the investment bond can be made quicker.

Is the Probate Trust right for you?

No need to wait for probate
Access your investment when you need
Quicker payment of the death benefit

Risks to consider

The value of your investment can go down as well as up and you may get back less than you invest. Tax rules depend on individual circumstances and may change.

This trust could be right for you if:

  • You want easy access to your money, as and when you need it

  • You want to avoid the need to get probate

  • You want your beneficiaries to receive funds before probate

This trust might not be right for you if:

  • You want to use the trust to reduce inheritance tax

You'll need one of these products to use with our Probate Trust:

Frequently asked questions