Is it a good idea to put your house in a Trust? trusts

In some circumstances putting your house in a trust can be a good idea, for example, for estate planning or to protect your home from legal claims or divorce settlements.

However, this should be balanced with the fact that once your house is in a trust the trustees would manage the property on behalf of the beneficiaries, limiting the control that you would have over the property.

Putting your house in a trust might have benefits but is complex and careful consideration must be given to the pros and cons. We would strongly recommend taking advice from experienced trusts solicitors before deciding whether to put your house in a trust.