This type of will allows one partner in a couple to leave their share of a jointly owned home into a trust, rather than directly to the surviving partner. The surviving partner can still live in the home for life, but they dont fully own the deceaseds share. After they pass away (or leave the property), the trust ensures the share goes to the intended beneficiaries.

It offers protection against situations like remarriage, falling out with new partners, or local authority care fees eating into the estate.

Protective Property Trust Will Cost

The Protective Property Trust will cost varies depending on who drafts it and what extra services are included. Typically, you can expect to pay anywhere from 300 to over 1,000. Its not a one-size-fits-all figurefees increase with complexity, such as adding powers for trustees or tailoring instructions.

Compared to the potential loss of a family home due to care fees or a second marriage, the Protective Property Trust will cost is often seen as a sensible investment in future security.

Is It Worth the Cost?

If protecting your share of your property matterswhether for children from a previous relationship or just peace of mindthe Protective Property Trust will cost is justified. It adds a vital layer of control that a standard will simply cant offer.