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Property & Trust Planning

Protective Property
Trusts

A Protective Property Trust in your will protects your share of the family home from care fees, remarriage, and creditors — while allowing your spouse to live there for the rest of their life.

Care Fee Protection

Your share of the home is held in trust — reducing the value assessed in means testing for care home fees.

Remarriage Protection

Prevents your share passing to a new spouse if your partner remarries after your death.

Creditor Protection

Your share is protected if the surviving spouse faces bankruptcy or significant debt.

Nil-Rate Band Preserved

The trust qualifies for spousal exemption — no IHT on first death, and both nil-rate bands available on second death.

What Is a Protective Property Trust?

A Protective Property Trust (PPT) — also called a Life Interest Trust or Property Protection Trust — is a legal arrangement created within your will. When you die, your share of the family home does not pass outright to your surviving spouse. Instead, it passes into a trust, with the surviving spouse holding a life interest: the right to live in the property for the rest of their life.

Your share of the property is ring-fenced. It cannot be sold, given away, or passed to a new partner without the trustees' agreement. When the surviving spouse dies, your share passes to the beneficiaries you named in your will — typically your children.

PPTs are particularly valuable for couples with children from previous relationships, those concerned about care home fees, and anyone who wants to ensure their share of the family home reaches their own children rather than being diverted by remarriage or financial difficulties.

Tenants in Common Is Essential

A PPT only works if you own your home as tenants in common — not joint tenants. If you currently own as joint tenants, the right of survivorship means your share passes automatically to the survivor regardless of your will. You must sever the joint tenancy first. This is a straightforward process but must be done before the PPT can take effect.

How a Protective Property Trust Works

1

Both Partners Own as Tenants in Common

For a PPT to work, the property must be owned as tenants in common — not joint tenants. Each partner owns a distinct share (typically 50/50). If you currently own as joint tenants, the joint tenancy must be severed first using a formal notice.

2

The Will Creates the Trust on First Death

Your will directs that your share of the property passes into a Protective Property Trust on your death. The trust is created automatically when probate is granted — no separate trust deed is needed during your lifetime.

3

The Surviving Spouse Has a Life Interest

The surviving spouse is granted a life interest in the trust property. This means they have the right to live in the home for the rest of their life — but they do not own your share outright. They cannot sell or give away your share without the trustees' agreement.

4

Trustees Manage the Trust Property

Trustees — typically the surviving spouse and one or more adult children — hold the legal title to your share. They have duties under the Trustee Act 2000 to act in the interests of all beneficiaries, maintain the property, and keep records.

5

On the Survivor's Death, the Trust Ends

When the surviving spouse dies, the trust ends and your share passes to the ultimate beneficiaries named in your will — typically your children. Both nil-rate bands are available on the second death, keeping the arrangement tax-neutral.

PPT vs Leaving Property Outright: Side-by-Side Comparison

How a Protective Property Trust compares to leaving your share of the home directly to your spouse.

IssueProtective Property TrustJoint Tenants / Outright Gift
Ownership structure requiredTenants in commonJoint tenants (right of survivorship)
What happens on first deathShare passes into trust; spouse has life interestShare passes automatically to survivor
Surviving spouse's rightsRight to live in the home for lifeFull ownership — can sell, gift, or leave to anyone
Care fee protectionYes — trust share not fully assessedNo — full property value assessed
Remarriage protectionYes — trust share cannot pass to new spouseNo — survivor can leave to new spouse
Nil-rate band on first deathUsed (trust qualifies for spousal exemption)Unused (passes to survivor free of IHT)
IHT on first deathNil (spousal exemption applies to life interest)Nil (full spousal exemption)
IHT on second deathBoth nil-rate bands availableBoth nil-rate bands available (if claimed)

When Should You Consider a PPT?

You have children from a previous relationship

A PPT ensures your share of the home passes to your children — not to a new partner if your spouse remarries.

You are concerned about care home fees

By placing your share in trust, you reduce the value of the surviving spouse's estate that is assessed for means-tested care funding.

Your spouse has significant debts or financial difficulties

A PPT protects your share from creditors if the surviving spouse faces bankruptcy or insolvency.

You want to preserve your nil-rate band

A PPT uses your nil-rate band on first death (via the trust), potentially saving IHT on the second death.

You have a blended family

A PPT ensures your share of the home ultimately passes to your own children, even if your spouse has children from another relationship.

Trustees' Duties Under a PPT

Trustees of a Protective Property Trust have legal duties under the Trustee Act 2000. These duties apply for the lifetime of the trust — from the first death until the surviving spouse dies and the trust ends.

  • Act in the best interests of all beneficiaries — both the life tenant (surviving spouse) and the remainder beneficiaries (children)
  • Maintain and insure the property in good repair
  • Keep accurate records of all trust decisions and expenditure
  • Update the Land Registry to reflect the trust arrangement
  • Agree to any sale of the property and ensure proceeds are split correctly between the surviving spouse's share and the trust
  • File trust tax returns if the trust generates income (e.g. rental income if the property is let)
  • Act impartially between the life tenant and remainder beneficiaries

Limitations to Be Aware Of

A PPT is a powerful tool, but it is not right for every situation. Consider these limitations carefully.

Surviving Spouse Cannot Sell Alone

The surviving spouse cannot sell the property without the trustees' agreement. If they want to downsize, the trustees must agree and the proceeds must be split between the survivor's share and the trust.

Equity Release May Be Complicated

Equity release products typically require full ownership. A PPT may make equity release more complex or unavailable, as the trust holds a share of the property.

Trustees Must Act Impartially

Trustees have legal duties to both the life tenant and the remainder beneficiaries. Family dynamics can make this difficult if relationships break down.

Ongoing Administrative Obligations

The trust creates ongoing administrative obligations — including Land Registry registration, record-keeping, and potentially trust tax returns if the property generates income.

Frequently Asked Questions

What is a Protective Property Trust?

A Protective Property Trust (PPT) is a legal arrangement created in your will that places your share of the family home into a trust on your death. The surviving spouse has the right to live in the property for life, but your share is protected from care fees, remarriage, and creditors — and ultimately passes to your chosen beneficiaries.

Do I need to own my home as tenants in common to use a PPT?

Yes. For a PPT to work, the property must be owned as tenants in common — not joint tenants. If you currently own as joint tenants, the joint tenancy must be severed first. This is done by serving a formal notice on your co-owner and registering the change at the Land Registry.

Can the surviving spouse still live in the home?

Yes. The surviving spouse is granted a life interest in the trust property, which means they have the right to live in the home for the rest of their life. They cannot be forced out. However, they do not own the deceased partner's share outright.

Can the property be sold if a PPT is in place?

Yes, but the trustees must agree to the sale. The proceeds are then split between the surviving spouse's share and the trust. The trust's share can be reinvested in a new property or held as cash, with the surviving spouse retaining their life interest.

Does a PPT protect against care home fees?

A PPT can reduce the value of the surviving spouse's estate that is assessed for means-tested care funding. The trust share is not owned by the surviving spouse, so it may not be included in the means test — or may be valued at a significant discount. However, the rules on care fee means testing are complex and subject to change.

Does a PPT protect against remarriage?

Yes. If the surviving spouse remarries, they cannot pass the deceased partner's share to their new spouse. The trust share is ring-fenced and will ultimately pass to the beneficiaries named in the original will — typically the children.

Is there Inheritance Tax on a PPT?

No IHT is payable on first death because the life interest qualifies for the spousal exemption. On the second death, both nil-rate bands are available — keeping the arrangement tax-neutral. A PPT does not increase the IHT bill; it simply preserves the nil-rate band for use on the second death.

Who are the trustees of a PPT?

Typically, the surviving spouse and one or more adult children act as trustees. Trustees have legal duties under the Trustee Act 2000 to act in the interests of all beneficiaries, maintain the property, and keep accurate records.

What is the difference between a PPT and a Life Interest Trust?

A Protective Property Trust is a type of Life Interest Trust. The terms are often used interchangeably. Both grant the surviving spouse a lifetime right to benefit from the property. The key features — protection from care fees, remarriage, and creditors — are the same.

How much does a PPT will cost?

A will incorporating a Protective Property Trust is more complex than a basic will and typically costs more. The exact cost depends on the complexity of your estate and whether you also need to sever a joint tenancy. Contact PDA Law for a transparent fee estimate.

Protect Your Share of the Family Home

A Protective Property Trust is one of the most effective ways to protect your family home for the next generation. Our wills solicitors in Chester can advise on whether a PPT is right for your circumstances and draft the necessary documents.

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