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Legal, pensions and money

Putting you house in a trust.

(1 Post)
Floradora9 Wed 20-May-26 21:38:46

There was an article in the Sunday Times about how much families were having to pay to dissolve trusts . I still see companies offering these kind of trust and people think it will save them from paying care home fees but it is a really bad thing to do . Many years ago we were approached by a financial advisor who wanted to sell us a pre paid funeral plan despite me telling him before we did not want one . He was also plugging a trust for keep our house apart from our finances. It was going to cost £2,000 to set this up and when I asked him how many of his clients had benefited from doing this he had to admit that they were all still alive so he had no idea. I am so glad we did not fall for his sales talk .