You will see this banner headline blazoned across most of our popular tabloids and probably by now it is challenging claim companies for space on day time television. If you respond you will be sold some kind of protective trust at a cost as high as £10000. Solicitor Direct recently attended a course where Tish Hanifan the Leading Barrister on this area of the law said that she had not found one which would stand up in Court. This was mainly because they are set up with the clear purpose of defeating the law on care costs. Indeed this accords with the advice in our own “Making a Gift of the Family Home” leaflet and the advice of the law Society. We can like many other specialist solicitors prepare such trusts for you but we will make sure you understand exactly the risks before you do and of course the cost will be a fraction of the costs of these advertising companies. Many clients conclude that the better action is to ensure that at least half the property is secured.
Please feel free to contact us on 01772 424999 and book an appointment for free initial advice or perhaps email/contact us for a FREE copy of the Making a Gift of the Family Home leaflet.
