For this next instalment on four Common Questions series let’s talk about the property protection trust (PPT).
For this next instalment on four Common Questions series let’s talk about the property protection trust (PPT).
Property Protection Trusts (PPTs) are by far one of the most common types of trusts included in wills.
Some simple background information When considering a PPT it is important to be able to distinguish the difference between tenants in common (TiC) and joint tenants (JT). In short both TiC and JT refer to how a property is held or owned and this ‘ownership’ is registered with the Land Registry. Traditionally, when houses...