4.8 Writing Benefits Under Trust
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The benefits of using trusts in conjunction with PPPs relate to
the freedom from inheritance tax by ensuring that the benefits in
the form of any death sum assured and fund values are not aggregated
with the estate of the deceased.
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The death benefits under trust may be distributed at the discretion
of the scheme trustees.
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The member's pension benefits remain under the complete control
of the member; it is not legally possible for either the tax free
cash sum or the member's pension to be assigned.
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