The plan involves putting our property into Golden Charter trust for a fee of £4950.For this one off fee they will deal with probate,
our will, etc, and if we sell the houses we can deposit the money with them and have an income which would help us to pay for sheltered housing, if necessary.
It would also mean that should we require care the local authority will not be able to take the value of the house into consideration for care home payments because we are only Trustees not owners, therefore the money stays intact for our daughters. Is this true/ legal/ honest/ practical for us/
Thank you . I thought it seemed too good to be true! I'll act upon your advice, and save myself £5000!
We have tenants in common, but need to make a new will now.