Expression of wish definition

What does Expression of wish mean?

Notification by a member to their pension scheme of how they wish their lump sum death benefits to be paid.

This enables a member to indicate to trustees a preference as to who should receive any lump sum death benefit paid under discretionary trust. However, trustees are not bound to follow the member’s wishes. This non-binding mechanism is adopted to avoid liability for inheritance tax.

Discover our 15 Practice Notes on Expression of wish

See the 1 Q&As about Expression of wish

Read the latest 13 News articles on Expression of wish

Speed up all aspects of your legal work with tools that help you to work faster and smarter. Win cases, close deals and grow your business–all whilst saving time and reducing risk.

  Case studies

"While we began looking at LexisNexis products primarily for cost saving, it quickly became more about customer service, ease of onboarding, ongoing training and breadth of resources available."


Access all documents on Expression of wish