Gift Trust

Facilitates an outright gift to the trustees for the benefit of the beneficiaries.

Points for consideration

  • The FPIL policy can be gifted at any time into the Gift Trust

  • The Gift Trust is only suitable for those looking to make an outright gift in a tax efficient way. Therefore, the settlor cannot benefit from the trust

  • The trustees can make payments to the beneficiaries at any time

  • Any growth of the Trust Fund is outside of the estate from commencement of the trust

  • The Gift Trust will avoid the need for obtaining Isle of Man

Trust Deed

How it Works Guide