Page 6 - Finance North - E State Planning Service

Typical solution

for married or
unmarried couples

estate less than

2 x NRB

Sever Sever
Tenancy Tenancy
50% 50%

Will Will

Family Family
Trust Trust

On first death, the Deceased’s share of the
property is passed into their Family Trust via
the Will. The surviving spouse/partner
Marriage after Death
continues to live in the property and is still able

Care Costs to move home if they choose to do so. In the
event that the survivor enters Care, the survivor
Divorce only owns a half share of a house. The

Beneficiaries have access to the Trust Funds
Creditors/Bankruptcy
but we ensure that these assets do not enter
Generational IHT their estates and so are protected from attack
by the following: Care, Marriage After Death
Residence Nil Rate (MAD), Creditors or Bankruptcy, Divorce &

Band Further or Generational IHT
Page 5