The Home Protection Scheme
Property Trusts
The principle benefits of establishing The Home Protection Scheme include:
- Passing control of your home to your trustees, which includes you.
- Ensuring that your home will pass to those individuals you wish to benefit at the time selected by you – for example, when you die.
- Enabling your home to be held for the individuals who cannot hold it themselves – for example, children or disabled persons.
- The ability to protect the value of your home from spendthrifts or keep ownership of the property private or confidential.
- It may avoid the value of your home being included in local authority means testing for residential or domiciliary care.
- To speed up the administration of your estate and avoid the need for a grant of Probate.