Trusts and Life Assurance 101

  Рет қаралды 4,800

Paul Archer

Paul Archer

Күн бұрын

Paul spends 15 minutes giving you a 101 on the topic of trusts and life assurance. So many mortgage advisers are thinking about protecting their clients now and many feel their understanding of trusts is quite limited from the CeMAP alone, so Paul takes you through what you need to do. Remember our Winter Cohort #2 starts on 11th January which will get you through the CeMAP exams plus teach you how to do the job, and with so many advisers now taking up self-employment positions, many find themselves on their own without decent coaching or mentoring. www.advisercpd.com/

Пікірлер: 28
@julietta610
@julietta610 2 ай бұрын
I am finding this so helpful brilliantly explained- thank you Paul
@mrvincefox
@mrvincefox 13 күн бұрын
Thanks. Great video
@saibyalphonse5901
@saibyalphonse5901 2 жыл бұрын
Thank you for the detailed explanation!
@anetam486
@anetam486 3 жыл бұрын
This video is just what I need now!!! Very, very helpful Paul. Thank you
@PaulArcher
@PaulArcher 3 жыл бұрын
My pleasure, glad to help
@selfdevelopwithamandamar4252
@selfdevelopwithamandamar4252 3 жыл бұрын
very useful information. thanks
@teddyfox8832
@teddyfox8832 2 жыл бұрын
Very useful 👌
@janhbc
@janhbc 2 жыл бұрын
Brilliant video. Paul, I love your teaching and wish you were teaching the RO5 as a course. You make tough subjects seem easy. Thank you!
@PaulArcher
@PaulArcher 2 жыл бұрын
Hi Jan, why thank you :-) and I do teach R05 for the PFS Regions - Hampshire and Surrey
@janhbc
@janhbc 2 жыл бұрын
@@PaulArcher what a shame I’m in Lincoln. I failed RO5 by one question and struggled with chapter 5 and 8 as I only really do non advised life cover, IP and PMI
@janhbc
@janhbc 2 жыл бұрын
@@PaulArcher Typical, as I'm in Lincoln lol. Do you have an online course?
@PaulArcher
@PaulArcher 2 жыл бұрын
@@janhbc The courses are all online. Classroom training is soooo 2000s
@janhbc
@janhbc 2 жыл бұрын
@@PaulArcher So how do I access RO5 training?
@MrAshirash
@MrAshirash 3 жыл бұрын
Hi Paul, very helpful and informative video! But would you be able to explain on different disbursement methods of assets to beneficiaries?
@MrAshirash
@MrAshirash 3 жыл бұрын
Understand there would be a 10year periodic charge & exit charge on the trust assets, any insights on that?
@PaulArcher
@PaulArcher 3 жыл бұрын
@@MrAshirash Hi Ashir, I would say your follow up questions deserve the time of a trusts lawyer or other expert
@heneedsomemeeelk
@heneedsomemeeelk 3 жыл бұрын
Thank you so much! Wonderful video - I am studying for me RO exams and I find this helpful
@tees_corner
@tees_corner 3 жыл бұрын
Hi there... 1)Are bare trusts better than discretionary trusts for a level term life insurance policy. 2) Is it necessary to have the trust put into a company and if so what type?
@PaulArcher
@PaulArcher 3 жыл бұрын
That's up to you Ella. For life protection trusts I would stick to Discretionary Trusts, Issuing discretionary trusts give the trustees complete discretion as to who gets the money, hence no immediate IHT charge. No decision is made until death; thus, no lifetime transfer has taken place. No need for a company if its just life assurance protection needed, ad the life office can take care of the forms. Keeping it simple is the key
@tees_corner
@tees_corner 3 жыл бұрын
@@PaulArcher thanks for your response and clarity.
@tanyasingh4281
@tanyasingh4281 3 жыл бұрын
Hi could you please make video on Collective Investment?
@PaulArcher
@PaulArcher 3 жыл бұрын
Of course Tanya - I'll put some on for you
@NH-gv2sq
@NH-gv2sq 3 жыл бұрын
Can the trustee be the person who inherits the life policy?
@PaulArcher
@PaulArcher 3 жыл бұрын
Yes but you ought to have others as well as well as you
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