Property Protection Trusts

What is a Property Protection Trust Will

A Property Protection Trust Will is a Trust that is written into a Will that protects your share of your home when you die.

Instead of your share passing outright to your spouse or partner, it is held by trustees for your chosen beneficiaries, usually your children or other family members. Your surviving spouse or partner can usually continue living in the property for the rest of their life, or for as long as the trust allows.

This can help protect your share of the home from certain future risks while still looking after the surviving partner.

Protecting your home from care fees and remarriage

Many people want their property to go to their children, not be used to pay for long-term care or passed to a new partner if the surviving spouse remarries. With a Property Protection Trust, your share of the home is ring-fenced and safeguarded for your chosen beneficiaries.

Who might need a Property Protection Trust?

A Property Protection Trust Will may be worth considering if:

• You own your home jointly with your spouse or partner.
• You want to protect your share of the property for your children or beneficiaries.
• You are concerned about what could happen if the survivor remarries.
• You have children from a previous relationship.
• You want to reduce the risk of your share of the home being redirected away from your chosen beneficiaries.
• You want to make sure the survivor can continue living in the home.
• You are thinking about future care-fee risks, while understanding that trusts must not be used simply to avoid care fees.

Safeguard your family home today

Whether that’s protecting the family home, avoiding problems later, or making sure children benefit in the right way, the structure of your Will matters far more than most people realise.

You can book your FREE initial consultation here.