It means that if you pass away, your spouse or partner can continue to live in your home and benefit from your half of the property but your half can be preserved for your children or grandchildren if your spouse or partner goes into care.
“Gareth explained the difference between having a standard will and a Trust Will, which made a lot of sense. Our fear as a couple, was that if one of us required to go into a nursing home in the future, the £45,000 a year or more it would cost could use up all the money we had invested in our home over the years. Now we have Trust Wills in place, we know that shouldn’t be the case and at least half of our investment will likely be protected for our two daughters and their children.”
KATHLEEN, 74, HOLYWOOD