Property Protection Trusts.
What is a Property Protection Trust?
A Protective Property Trust (PPT) can be established which will help to protect your estate from being taken to pay for care home fees.
Benefits of a Property Protection Trust.
Possibly the biggest benefit of a Property Protection Trust is that it allows the surviving partner to remain living in the family home, even after the first co-owner’s passing.
They also remain in the home and are protected against potential threats, even if the eventual beneficiaries (often the children) divorce or are forced to declare bankruptcy.
Protection Of Your Property.
If you’re concerned about the future of your estate, a trust is a practical method of securing your assets after death and protecting the financial interests of your loved ones.
As a form of will, a trust is drafted to ensure that your funds and assets end up in preferred hands — giving you peace of mind for the years to come.