diff --git a/spec/furniture/tobias/payout_spec.rb b/spec/furniture/tobias/payout_spec.rb
new file mode 100644
index 000000000..31472ed93
--- /dev/null
+++ b/spec/furniture/tobias/payout_spec.rb
@@ -0,0 +1,17 @@
+require "rails_helper"
+
+RSpec.describe Tobias::Payout do
+  describe "#issue" do
+    it "issues a Payment to each Beneficiary for their share of the #payout_amount" do
+      payout = create(:tobias_payout, payout_amount_cents: 150_00)
+
+      beneficiaries = create_list(10, :tobias_beneficiary, trust: payout.trust)
+
+      payout.issue
+
+      beneficiaries.each do |beneficiary|
+        expect(beneficiary.payments).to exist(amount_cents: 15)
+      end
+    end
+  end
+end