Can I change the beneficiaries on a life assurance policy once it has been written in trust?
I am planning on getting married in 2012, but would like to get a policy in place now.
Yes you can - you need to contact your insurer or financial adviser and they will send you the forms, it is quite simple but make sure you get advice before you sign anything | 11.23.10 @ 11:13
Just to clarify - if it is placed in a bare trust then you may struggle ...
A discretionary trust will give you the power to do this | 12.02.10 @ 14:41
as Paul has commented you need a flexible or discretionary trust as that enables changes to beneficiaries and will often include classes of default beneficiaries whereas a bare or absolute trust can never be changed. | 12.07.10 @ 18:31