Castle Trust now offers a Spousal Bypass Trust to be used in conjunction with QROPS death benefits
The spousal bypass trust enables the lump sum death benefit to bypass the estate of a spouse (or anyone else) and so be available for future generations. The beneficiaries of the trust can then receive money from the trust by way of a loan that is repaid on death, thus reducing the value of their estate and any IHT liability. On death the money lent is returned to the trust to be passed on to other beneficiaries.
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