The following is the normal process followed:

Client Profile - Introducer submits a client outline; either on the T&P Fact Find or a client summary which includes:

Names & Ages, 

Income / pensions or likely pension

Approximate values of:

Primary Residence

Other Property

Cash

ISAs / PEPs

Shares

Other Investments

Approximate details in respect of the above of

• income generated
• mortgages
• amount of pregnant capital gain

Initial Illustration - sent by Trust & Protect

Client Meeting - Representative of Trust & Protect can attend a client meeting, without obligation. 

Client Engagement - Client signs an engagement letter (£10,000 cheque) and completes a T&P Fact Find – which are passed to the introducing adviser.

Business Submission Form - distributer provides detail of fees to be charged.

Plan Summary & Draft Documentation - T&P create a client specific illustration & determine with the client and adviser whether it will be an onshore or offshore trust.  

The onshore or offshore status of the trust will influence how funds might be accessed by the settlor and their extended family during the settor’s life and thereafter, these need to be understood and agreed. 

T&P provide a report confirming the structure including the tax implication for the Settlor and Investor on withdrawals before and after the Settlor’s death ; together with a summary of benefits and any limitations and draft documentation.

Client Confirms - they are happy with the proposed structure and documentation.

Trust Documentation - T&P in consultation with the Settlor suggest purposes for the Trust; together with the Trust Deed and related documentation.

Adviser goes through documentation with the Settlor.    

Meet with Trustees - adviser, client, T&P & trustees meet to sign off structure.

Settlor completes documentation

Instruct 3rd Parties - solicitors etc

ClientView - building relationships and opportunities