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EXPRESSION OF WISH For use with Old Mutual Wealth personal pensions, executive pensions, freestanding additional voluntary contribution contracts and the Collective Retirement Account WITH THIS FORM.

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What is an expression of wishes? In most pensions, the scheme administrator has the final say over who receives the death benefits of your pension. This is part of the structure which allows your pension to stay outside of your estate for inheritance tax purposes and normally can't be changed.

What is an Expression of Wish form? If a client passes away with money in a pension, the administrators will need to decide who benefits from those funds. An Expression of Wish form lets the client choose who they would prefer the money to go to and in what proportions.

Expression of wish form (Death grant) - to express your wish for someone to receive any death grant in the event of your death. Nomination of co-habiting partner form (Survivor's pension) – to nominate a cohabiting partner to receive a survivor's pension in the event of your death.

If you do not complete an expression of wish, any death grant to which an entitlement may arise upon your death, will be paid to your personal representatives. This means that it could form part of your estate and be subject to inheritance tax if the value of your estate exceeds HM Revenue & Customs limits.

Completing an Expression of Wish form A client should name all beneficiaries and the proportion of the benefit they would like the administrators to consider when exercising their discretion to whom to pay any benefits.

For example, your expression of wishes could state that you would like to leave your pension to your spouse, but if this isn't possible (for example, if your spouse turns down the benefits), you would like the funds split equally between your two children.

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© Copyright 1997-2025
airSlate Legal Forms, Inc.
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Form Packages
Adoption
Bankruptcy
Contractors
Divorce
Home Sales
Employment
Identity Theft
Incorporation
Landlord Tenant
Living Trust
Name Change
Personal Planning
Small Business
Wills & Estates
Packages A-Z
Form Categories
Affidavits
Bankruptcy
Bill of Sale
Corporate - LLC
Divorce
Employment
Identity Theft
Internet Technology
Landlord Tenant
Living Wills
Name Change
Power of Attorney
Real Estate
Small Estates
Wills
All Forms
Forms A-Z
Form Library
Customer Service
Terms of Service
DMCA Policy
About Us
Blog
Affiliates
Contact Us
Privacy Notice
Delete My Account
Site Map
Industries
Forms in Spanish
Localized Forms
State-specific Forms
Forms Kit
Legal Guides
Real Estate Handbook
All Guides
Prepared for You
Notarize
Incorporation services
Our Customers
For Consumers
For Small Business
For Attorneys
Our Sites
US Legal Forms
USLegal
FormsPass
pdfFiller
signNow
airSlate workflows
DocHub
Instapage
Social Media
Call us now toll free:
1-877-389-0141
As seen in:
  • USA Today logo picture
  • CBC News logo picture
  • LA Times logo picture
  • The Washington Post logo picture
  • AP logo picture
  • Forbes logo picture
© Copyright 1997-2025
airSlate Legal Forms, Inc.
3720 Flowood Dr, Flowood, Mississippi 39232