You can only update the beneficiaries on the following Trusts:

Discretionary Trust
Business Trust
Relevant Life Plan

To update your beneficiaries, you will need an updated Letter of Wishes. Once completed, give this to your additional trustees to guide them in their decision with who should benefit from the trust.

We have attached a draft copy of the Letter of Wishes below. If your plan is a Relevant Life plan, please download RLP Letter of Wishes.

For Discretionary Trusts and Business Trusts, please download the Letter of Wishes.

Trust documents