What is a Protective Property Trust Will?

A Protective Property Trust Will is a legal arrangement designed to help individuals safeguard their property—typically the family home—for the benefit of their loved ones. It’s commonly used by couples who own a property jointly and want to ensure that their share of the property is passed on according to their wishes, often to children, while still allowing the surviving partner to live in the home for life. Upon the death of one partner, their share of the property is placed into a trust rather than being passed outright to the surviving partner.

This means the surviving partner can live in the property for the rest of their life, but they don’t legally own the deceased partner’s share. After the second partner passes away, the trust ensures that the property is passed on to the named beneficiaries—often the children.

Why Consider a Protective Property Trust Will?

A Protective Property Trust Will can prevent a property from being used to fund care home fees or being inherited by someone outside the family through remarriage. It provides a level of security and peace of mind that your assets will end up with the people you care about most.

Protective Property Trust Will Cost

The Protective Property Trust Will cost varies depending on the provider and the complexity of your situation. On average, it may range from a few hundred to over a thousand pounds. However, the cost is often considered a worthwhile investment for the level of protection it offers your estate and beneficiaries. It’s essential to understand what services is included, such as Will writing, trust set-up, and legal advice.

Know about Protective Property Trust Will Cost from IWC Probate Services

At IWC Probate Services, a team of experts offers professional guidance to help you understand every aspect of setting up a Protective Property Trust Will. The pool of experts and experienced team ensure that your wishes are clearly documented and legally sound.

They offer transparent and competitive pricing, so you’ll know exactly what to expect when discussing your Protective Property Trust Will cost. Whether you’re looking to protect your assets from care home fees or ensure your children receive their rightful inheritance, they provide personalised solutions tailored to your needs.