For many, the home is likely to be the most valuable asset in the estate. As such, it is unsurprising that there is growing interest in the use of trusts to protect the home from potential third party claims as might arise if the property owner was to need long term residential care during their lifetime or as could arise where property was left or gifted outright to adult children who subsequently found themselves negotiating a financial settlement on divorce.

UPDATE from 16 May 2025 to 29 May 2025

A new report has revealed a huge opportunity for financial professionals, with the divorce and separation market estimated to be worth around £500m a year in England and Wales. 

HMRC recently issued a press release reminding parents that they can save up to £2,000 a year per child on their childcare bills. Tax-free childcare was launched in April 2017. It replaced the childcare voucher scheme and directly contracted childcare schemes which closed to new entrants in October 2018.