Life Interest Trust Wills versus Simple Wills

Clarkson Hirst Solicitors Limited

When considering making a Will, many clients are often concerned with the rising cost of care fees.

It is possible for a couple to plan your affairs to help minimise the cost of residential care fees by adopting a will structure called a ‘ Life Interest Trust’.

Any assets held in the trust would be protected from being assessed by the local authority as available to cover the care fees, as well as from any other adverse circumstances of the survivor, for example if they were to remarry, face divorce or bankruptcy proceedings.

Please contact us if you would like to arrange a meeting to discuss the different Will structures in more detail.