I am trying to deal with a life assurance policy that has been written into trust. It assures the life of H, who has died, and his widow W is the sole trustee. W has lost mental capacity. My client is attorney to W under a lasting power of attorney, but the life assurance provider is declining even to give us any information about the policy other than to state that we need to change the trustees. It is difficult when we don’t even have a copy of the trust deed.
Would this require a court application, or is there an easier way of dealing with things (eg, although not ideal, perhaps wait until W dies and then have her personal representative step in)?
Molesworths Bright Clegg