.png)
Protective Property Trust: Safeguarding Your Home and Legacy
Understanding Protective Property Trust
A Protective Property Trust is a legal arrangement designed to protect your property's value and ensure it benefits your chosen beneficiaries. By establishing a PPT, you take control over the distribution of your property's ownership and create a framework that guards against potential challenges, such as care fees and remarriage scenarios.
Introducing the Protective Property Trust (PPT)
A PPT is a powerful legal tool that must be established while both partners are alive, converting joint ownership into 'Tenants in Common' to ensure equitable distribution. Key features include:
Secure Ownership: Mr. and Mrs. each own 50% of the property, preventing unwanted beneficiaries.
​
Estate Protection: PPT safeguards against Local Authorities selling the house to fund care costs for the survivor.
​
Beneficiary Control: The surviving spouse maintains a 'right of occupancy,' retaining the ability to live in the property.
​
Your Trusted Partner: PJN Billing Services
%20copy.png){kind=small}
-
Over 120,000 seniors in England & Wales have benefited from our Wills and Legal Services.
-
More than 63% of our clients return for further advice and support.
-
Our commitment extends to charitable contributions, with over £2 Million donated to our Charity Partners in the last 5 years.
%20copy%202.png){kind=small}
With PPT Vs Without PPT
Preserve Your Estate:
-
Shield your property from being sold to cover care costs in later life.
-
Ensure your beneficiaries receive the inheritance you intend.
​
Flexible Arrangements:
-
Tailor the Trust to your unique circumstances and family dynamics.
-
Protect your surviving partner's rights while securing beneficiaries' interests.
​
​
Navigate Remarriage:
-
Prevent sideways disinheritance, ensuring your assets remain with your chosen beneficiaries.
​
Long-Term Planning:
-
Establish a lasting solution to protect your property and legacy.
​​
Care Costs Vulnerability:
Homes with assets above £23,250 (in England) or £50,000 (Wales) may not receive state help, potentially leading to selling the home for care funding.
​
Surviving Partner's Dilemma:
If the surviving partner goes into care, Local Authorities may means-test 100% of the property and sell it to cover care costs.
​
​
Remarriage Uncertainty:
A surviving partner's remarriage might alter inheritance outcomes, affecting intended beneficiaries.
​
Inheritance at Risk:
Homes sold by Local Authorities to cover care fees highlight the vulnerability of property assets.
.png){kind=small}
Specialists at your fingertips
With over 32 years of experience in the Financial Services Industry, Kamal Dhaliwal is a seasoned professional dedicated to providing you with the knowledge and expertise you need to feel confident and secure in your decisions.Kamal Dhaliwal is a fully qualified Financial Advisor, registered with the FCA. As a Member of The Society of Will Writers, Kamal is required to adhere to their code of practice, insurance and training requirements.We take the time to understand your goals and create a legally sound will that reflects your intentions.
_edited.jpg)
Did You Know?
Currently, anyone with assets in excess of
£23,250
(this includes the
family home) may not be eligible for any state help with their residential care fees. The result is that anyone who owns their own home is unlikely to receive any assistance, and that home will most likely have to be sold to fund the care. There is a way, however, that this situation can be challenged.
What our clients are saying...
Jay Patel
"I have peace of mind when it comes to my children and grandchildren being taken care of when I am not around. Kamal is lovely to speak with and explains everything very well."
Preeti S
"Easy communication and always there when I need them. Highly recommended!"
David L
"I can't say enough about how professional they are. They help me to make informed decisions."
Why choose PJN Billings Services ?
Tailored Coverage Options
By paying for life insurance through your business, you can reduce your personal outgoings by hundreds if not thousands of pounds per year.
Industry Expertise
With our extensive experience in the insurance industry, we understand the complexities and nuances of building and contents insurance. We use our expertise to guide you through the process and provide informed advice.
.png){kind=small}
Effortless Claims Process
In the event of a claim, we strive to make the process as seamless as possible. Our efficient claims handling ensures quick resolution, helping you get back on your feet without unnecessary delays.
Excellent Service
Competitive Pricing
We offer competitive and transparent pricing, ensuring that you receive the best value for your insurance coverage without compromising on the quality of protection. Our aim is to provide affordable and reliable insurance solutions.