Transferring property into a trust

If you are thinking about transferring a property into Trust it is likely you are looking to protect it. This is one of the best ways available to protecting your home, both for yourself and your loved ones. One of the big advantages that a Trust gives you is flexibility. It enables you to protect your home now as well as any you may move to in the future. The property can be declared as not forming part of your estate and so protects it from any third parties. Setting up a Trust also enables you to appoint multiple beneficiaries and proportion your estate in a way you choose. It also has the added advantage of remaining out of their estate so that if they were to have issues in their own life, anything placed in Trust for them cannot be claimed.

When deciding if a Trust is right for you, it depends on your circumstances and what it is you are trying to achieve. The main consideration is what type of Trust to use. When setting up Trusts there is not a one size fits all solution, everyone’s situation is different and so are the solutions.

Inheritance Solutions UK specialise in setting up Protective Property Trusts. We have experience of helping hundreds of families in many different situations. Often when looking to set up a Trust, families know what it is they want to achieve but do not know what their options are. Here at Inheritance Solutions UK we take the time to look at your own situation to give you a range of options so that you can make an informed decision. We will also talk to you about the positives and negatives of setting up a Trust. Give us a call to see how we can help.