Understanding Life Interest in Property Trusts: A Simple Guide

Traditional English cottage surrounded by a lush, circular garden, symbolising stability and legacy in estate planning.

What is a Life Interest in Property Trust? Imagine ensuring that your spouse can continue living in your family home without any worries after you pass away. A Life Interest in Property Trust enables exactly that. In this legal arrangement, trustees manage your property, allowing your spouse, known as the life tenant, to use the…

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