Protect the asset you’ve worked so hard to build

What is a Property Protection Trust?

  • An affordable way to help protect your share of your home’s value
  • You specify who is to inherit your share of your home
  • If the surviving partner needs care, your share can not be taken to fund the costs
  • If the surviving partner remarries, your share can not be passed to another family
  • The surviving partner can live in the home as long as they wish

Fees

£900

Here’s how it works

Our Property Protection Trust allows you to protect your share of your home from possible future events so the beneficiaries in your Will receive the inheritance you want them to. For example:

Alex and Chris have two children and they jointly own a house worth £200,000.

Sadly Alex dies

With a standard Will (or no will in place)

Chris now owns 100% of the house.

Property Protection Trust

Chris now owns 50% of the house and Alex’s 50% is protected by a trust.

Future life events

If Chris decides to remarry:

100% of the house could pass to a new spouse when Chris dies, or through a later divorce, meaning Alex and Chris’ children might not inherit anything.

If Chris requires care:

Chris has to use 100% of the house to self fund residential care costs until only £23,250 is left. When Chris dies, the children inherit £23,250.

With a standard Will Alex and Chris’ children may inherit nothing.

Total: £0 – £23,250
If Chris decides to remarry:

The 50% of the house owned by Alex is protected by the trust and can’t pass to the new spouse when Sam dies or if they divorce. The children inherit at lease their half.

If Chris requires care:

Chris uses 50% of the property to fund residential care costs until only £23,250 is left. The other 50% is protected by the trust.

With a Property Protection Trust Alex and Chris’ children will inherit a large sum.

Total: £100,000 – £123,250