You can only update the beneficiaries on the following Trusts:

Discretionary Trust
Relevant Life Plan

To update your beneficiaries, you will need to complete a Letter of Wishes. Once completed, give this to your additional trustees who can use it as a guide when deciding 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, please download the Letter of Wishes.

Trust documents