Property Protection Trusts
For most people their most valuable asset is the family home.
One of the main concerns people in a relationship have is what would happen if you died and your surviving spouse or partner went on to meet someone new? It’s possible that instead of leaving the house to your children they could leave it to the new partner or spouse. Alternatively, you may have children from a previous relationship for whom you want to protect your half of the house.
We can incorporate a special type of trust in your will, which can ensure that your share of the family home is preserved for your children whilst still allowing your surviving spouse or partner to continue to live in it.
For more elderly people, this type of trust can also be very useful in protecting your house from being used to fund residential care home fees should you need to enter long term care.