In a bid to improve understanding of changes last year to trust taxation in the context of IHT planning, Zurich UK Life has produced a series of new guides aimed at consumers, for use by advisers.
The new range of guides is intended to help advisers provide consumers with a greater understanding of how trusts work, and how they can be used effectively as part of the IHT planning process. As well as providing an overview of what trusts are, what different types of trust are available, and how they work, each guide also provides detailed information on the aims of that particular trust.
Although designed with consumers in mind, advisers will find the new guides invaluable. In addition to providing information on how each trust can be used to help mitigate a client's potential IHT liability, the guides will also save advisers time by containing information that will help answer frequently asked consumer questions.
Titles in Zurich's range are:
· Guide to the Absolute Trust
· Guide to the Discretionary Trust
· Guide to the Loan Plan (Bare) Trust
· Guide to the Discounted Gift (Bare) Trust
· Guide to the Discretionary Discounted Gift Trust
· Guide to the Discretionary Loan Plan Trust
· Guide to the Discretionary Split Trust
The launch of these guides demonstrates Zurich's ongoing commitment to offering consumers and advisers relevant information about issues that affect them.
Commenting on the launch of the new guides, Paul Wright, Investment Management Director at Zurich UK Life said: "IHT is a huge growth area for those financial advisers willing and able to get up to speed with the changes in the rules and regulations and the range of solutions available. Zurich has a wide range of IHT trusts available and by producing these guides we hope to make it easier for advisers to help consumers to understand some of the complexities around trust planning and take appropriate action."
Copies of the guides can now be downloaded from the intermediary section of the Zurich website (www.zurich.co.uk) or by calling the freephone helpline
(0500 546 546).
For more information, please contact Nicola Bryson, Senior Media Relations Consultant on 01793 503354 or 07734 336281
Notes to Editors
Zurich Financial Services Group (Zurich) is an insurance-based financial services provider with a global network of subsidiaries and offices in North America and Europe as well as in Asia Pacific, Latin America and other markets. Founded in 1872, the Group is headquartered in Zurich, Switzerland. It employs approximately 55,000 people serving customers in more than 120 countries.
