Retain use of holiday flat

stuartmc_2

My partner has just been diagnosed with a very serious cancer. She has a holiday home in the UK that she would like me to continue to enjoy should she die but the benefit would transfer to her step-daughter when I die or can no longer make use of the home. We are not married or in a civil partnership. I have read of a thing called a lifetime interest trust but don't know if this was banned by the 2006 law. We will be seeking professional advice so just trying to do our research before that meeting.

RAS

Your partner needs a will. An IPDI trust is a fairly standard part of many wills, particularly in this sort of situation.

Given it's a blended family situation, she should see a STEP solicitor. And perhaps when she contacts them ask for a prompt appointment as they need to draft it, get her approval and then get the final version signed by her and witnessed.

Brie

Can't help but hope you both find some joy out of the holiday home before things get worse.  Sorry to hear of your situation.

Keep_pedalling

Is the cottage rented out at all? 

stuartmc_2

Keep_pedalling said:

Is the cottage rented out at all? 

No, just for our use and occasional use by step-daughter but no financial transaction.