A Survivor’s Discretionary Trust is a legal arrangement which allows the owners of a life policy (the
settlors) to give their policy to a trusted group of people (the trustees), who look after it.

At some time in the future they pass it on to some people from a group that the settlors have decided (the beneficiaries).

The trustees have discretion about which of the beneficiaries to pass it on to, how much each will get,
and when.

However, if one of the settlors survives the first to die by 30 days, the trust fund will pass to
the surviving settlor.

Speak to your financial adviser for advice.

How do I complete my Survivors Discretionary Trust form?

Visit our Trust Hub below.