Property Into Trust

Hello all, is there anyone on the forum who knows anything about putting property into Trust?

 

I know that you can protect 50% of your property value in the case of you having to go into care in your latter years however I'm sure that there is a way of protecting 100% of it if you create a property trust

 

Does anyone have experience of this and how does it work?

 

Thanks in advance

Mike

Yes correct you can protect 100% of your entire estate.




Leave the country before you die, preferably 5 tax years before.

If Labour get in this country is stuffed, you will not have anything to protect from them, they will have it all.

Ps I am in Australia 🇦🇺😂

Edited by NickB787, 18 September 2019 - 05:08 AM.

If Labour get in this country is stuffed,

 

Well the rich part is anyway

Wasn't there legislation created to stop people moving assets to other people for this very reason?

 

I might be mistaken but i'm sure i read that somewhere......

If Labour get in this country is stuffed,

Well the rich part is anyway

Only problem is that Labours assessment of rich is not the same as in the real world and wouldn't take into account what that person sacrificed to become "rich" or how hard they worked to achieve it

 

 

If Labour get in this country is stuffed,

Well the rich part is anyway

Only problem is that Labours assessment of rich is not the same as in the real world and wouldn't take into account what that person sacrificed to become "rich" or how hard they worked to achieve it

 

 

Indeed, your "average" labour supporter/advocate classes "rich" as earning more than £40K and paying off a loan on a house

 

We have left our house in trust to our two children, basically to stop the council taken it off us when we go ga ga,, pm me and i will explain how it works, its not cheap, cost us £1,100

Wasn't there legislation created to stop people moving assets to other people for this very reason?

 

I might be mistaken but i'm sure i read that somewhere......

They seem to have forgotten to tell the aristocracy and big business like Phillip Green this

We have left our house in trust to our two children, basically to stop the council taken it off us when we go ga ga,, pm me and i will explain how it works, its not cheap, cost us £1,100

PM'd Alan