Putting your home in a Probate Property Trust

Probate Property Trusts can be an excellent way of protecting the value of your home in a trust so that future generations can benefit from all your years of saving and hard work.

They are available to home owners and others, married or single.  There less effective but cheaper cousin to a full Probate Property Trust: the Protective Property Trust is only available to couples.

These Probate Property Trusts can have all sorts of potential benefits.

1. Full protection can be built in a Probate Property Trust Trust for your spouse/ partner / other dependents.
2. Dramatically reduced delays in passing the benefits on when you die – in fact, the proceeds of a Probate Property Trust could be passed over to your chosen beneficiaries. within days of your death – assuming that is what you wish.
3. Massive savings on Probate costs. Possibly well over £10,000 as Probate Property Trusts are technically not part of your estate except for Inheritance Tax.
4. Probate Property Trusts can prevent claims from people you may not wish to inherit from you.
5. One of the ways in which your family can lose the benefit of your life’s work if you should need Long Term Care.  A Probate Property Trust can keep at least your home out of the clutches of the Local Council.  But you and your family still retain control of the assets so they can still be used to top up your Care Fees if that will help you have a better quality of life.

Probate Property Trusts have benefits at any time, though they probably won’t provide adequate  protection against the Local Authority if you are likely to need long term care within the next few months.   But the other benefits of a Probate Property Trust will make that irrelevant for most people.

If you would like a copy of our FREE Guide to Asset Protection and Probate Property Trusts, use the form below to tell us a little about your situation and we’ll happily send you the information.  Include your phone number if you would like a chat – you don’t need to give us your address, we don’t have a “sales team”!   We will follow up by email, but you can simply unsubscribe at any time. And we will never pass on your contact details.

Probate Property Trust