I can see why more people don't set up trusts. They seem so complicated. We have had a advice about setting up a lifelong trust and a death trust and I'm still baffled and wonder if I need both.
my main sorry now is that something will happen to me before my husband who has Parkinson's dementia. He was recently diagnosed. If that happened all our estate would go in care fees for him and the children would not inherit anything. I would like to at least protect my half. I know we've probably left it too late for savings in my husband's name now anyway. I've been told to sever the tenancy on our home and become tenants in common. Any advice would be welcome.
my main sorry now is that something will happen to me before my husband who has Parkinson's dementia. He was recently diagnosed. If that happened all our estate would go in care fees for him and the children would not inherit anything. I would like to at least protect my half. I know we've probably left it too late for savings in my husband's name now anyway. I've been told to sever the tenancy on our home and become tenants in common. Any advice would be welcome.