Who are the beneficiaries under the declaration of trust for a relevant life policy?03 December 2014
The list of discretionary beneficiaries includes, the employee and:
- any spouse or Civil Partner of the employee who is married or in a civil partnership with the employee immediately before their death
- any children of the employee
- any spouse or Civil Partner of the children, or
- following the death of the employee, any person who in the opinion of the trustees was a dependant of the employee immediately before their death.