Your pension fund could be attacked from many sources, including inheritance tax. If you don’t protect it with a trust, you could end up losing it.

COMPLETE THE FORM BELOW FOR DETAILS OF THE SPECIAL OFFER TO PROTECT YOUR PENSION.

Prevent your pension fund disappearing through inheritance tax and claims by others

Preserve your spouse or partner’s right to claim long-term care benefits

Retain control of who receives your money for many years after you’ve died

HERE’S HOW YOUR PENSION COULD BE UNDER ATTACK AND HOW YOU CAN PROTECT IT WITH A SIMPLE, LOW COST PENSION TRUST.

For obvious reasons, you may wish to leave your pension and death in service benefits to your spouse or partner. But in doing so, the money forms part of their estate, and on their death, it could suffer Inheritance Tax at 40%. MONEY YOU’D WANT TO GO TO YOUR CHILDREN COULD BE GRABBED BY THE TAX MAN. And it could be worse. UP TO 100% OF IT COULD DISAPPEAR ONCE IT’S PASSED ON.

You can CUT THE TAX MAN OUT of your estate with a PENSION DEATH BENEFITS TRUST. Not only will you SAVE TAX, you’ll ensure YOUR MONEY WILL STAY IN YOUR FAMILY FOR GENERATIONS to come. Here’s what can happen if you don’t hold your pension and death in service benefits in Trust.

1 How the tax man can be your biggest beneficiary.

John’s personal pension was worth £75,000. He had death in service benefits of £200,000. When he died, the company followed his wish and paid the money to his wife, Sarah. Some years later, Sarah died. The value of her home, savings and life cover meant Inheritance Tax was due. As John’s benefits had grown to £420,000, the TAX MAN POCKETED A WHOPPING £168,000 of John’s money, leaving their children Paul and Jane just £126,000 each.

JOHN HAD NO IDEA THE TAX MAN WOULD RECEIVE MORE THAN HIS CHILDREN! There’s no doubt he would have done something about it if it did!

2 How most of John’s money disappeared after Sarah died.

John’s son Paul was married, but it didn’t last long. In the divorce settlement, the Court took account of John’s pension benefits, and awarded the majority of it to Paul’s ex-wife.

John’s daughter Jane ran a small business but things weren’t going well. She’d given personal guarantees to the bank, and when the business failed, the bank called in the loans. All of John’s money was gone in an instant.

A Pension Death Benefits Trust would have protected the money.

This is what should have happened.

John sets up a Pension Death Benefits Trust. On his death, instead of the money passing to Sarah, THE MONEY GOES INTO THE TRUST. When Sarah needs money to live on, SHE BORROWS FROM THE TRUST, interest free. Sarah is the Trustee, so she has FULL CONTROL OF THE MONEY, just as she would if she was left the money directly.

If Sarah had needed LONG TERM CARE, the State would have taken John’s money into account. Considering her other assets, SARAH WOULD HAVE HAD TO SPEND ALL JOHN’S MONEY before she could claim support for her care costs. But now the money is in Trust, the STATE CAN’T TOUCH IT. Not only can she qualify for State Benefits towards her care, John’s money is also available for her and the children from the Trust.

On Sarah’s death, her estate is required to repay the loan to John’s Trust. JOHN’S MONEY IS RESTORED and there’s no Inheritance Tax to pay. The children, Paul and Jane are appointed Trustees and they can ENJOY THE MONEY FROM JOHN’S TRUST. But because THEY DON’T OWN THE MONEY, it CAN’T BE GRABBED by a DIVORCING SPOUSE, a BANK, the STATE or the TAX MAN.

The process continues through further generations. In fact,, John’s money can be enjoyed by his descendents, safe from attack, FOR 125 YEARS.

If you have pension benefits, you need a Pension Death Benefits Trust.

It’s so simple, saves so much tax, protects your money and keeps control of it for generations, YOU SHOULD SET UP A PENSION DEATH BENEFITS TRUST TODAY. After all, none of us knows when our time is up, and by then, it’s too late!

Special offer for users of this site.

We’ve negotiated a SPECIAL OFFER with a leading Estate and Trust planner that specialises in Pension Death Benefits Trusts. For full details, including more examples of how to save Inheritance Tax and protect your pension benefits from attack, please complete the form above.