07/08/2025
Many people aren’t aware that a life insurance payout could be taxed. While it’s true that life insurance payouts are usually free from income and capital gains tax, they can still be subject to inheritance tax, depending on the total value of your estate.
The good news is that you can protect it from inheritance tax by putting your life policy into a trust. In our latest article, we break down how life insurance is treated from a tax perspective so you'll find out when tax applies and how you can use a trust to avoid it.
It’s essential reading if you want to ensure your loved ones don’t lose part of their financial lifeline to the taxman.
