We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
How To Find Out If Property Put Into A Trust?

woodbine66
Posts: 123 Forumite


My father is 92 and in a dementia care home. As well as owning the family home with my mother, he owns a shop with flat above in his own name that is rented out. Many years ago my father told some friends that the rental property had been put into a trust - though he never directly told me or my brother this information.
I can find no written info about a trust and don't know which solicitor he may have used. My father isn't the most truthful or honest of people and it's possible the trust was a figment of his imagination. My mother doesn't know anything as he kept her in the dark about all finances, etc. Is there a register of trusts or any other way I could find out if indeed the property is in a trust? Thanks in advance for any information.
0
Comments
-
Your starting point is checking who owns the property with the Land Registry.
https://search-property-information.service.gov.uk/?_ga=2.227252893.1011285419.1624257816-2123334908.1623227908
Has he had a financial assessment for care costs?
0 -
Hi,woodbine66 said:My father is 92 and in a dementia care home. As well as owning the family home with my mother, he owns a shop with flat above in his own name that is rented out. Many years ago my father told some friends that the rental property had been put into a trust - though he never directly told me or my brother this information.I can find no written info about a trust and don't know which solicitor he may have used. My father isn't the most truthful or honest of people and it's possible the trust was a figment of his imagination. My mother doesn't know anything as he kept her in the dark about all finances, etc. Is there a register of trusts or any other way I could find out if indeed the property is in a trust? Thanks in advance for any information.
If the property is registered and a trust isn't shown as the legal owner then it is highly unlikely to be owned by one. (This doesn't include the possibility of an IPDI trust created by a will where executors / trustees can sometimes take a relaxed approach to updating the Land Registry, but you've given no indication that the trust arose as a result of a death).0 -
woodbine66 said:My father is 92 and in a dementia care home. As well as owning the family home with my mother, he owns a shop with flat above in his own name that is rented out. Many years ago my father told some friends that the rental property had been put into a trust - though he never directly told me or my brother this information.I can find no written info about a trust and don't know which solicitor he may have used. My father isn't the most truthful or honest of people and it's possible the trust was a figment of his imagination. My mother doesn't know anything as he kept her in the dark about all finances, etc. Is there a register of trusts or any other way I could find out if indeed the property is in a trust? Thanks in advance for any information.
If its clear your father declared the rental income has his own, paid personal tax thereon and used the net rental for his own benefit, then there is likely no trust.
He may well have intended a trust at some point and even subsequently executed a trust deed to that effect. However, by subsequently ignoring it in its entirety and operating on the basis that it did not exsist, he rendered the trust null and void having failed two of the three certainties of a valid express trust ( ie certainty of intention and certainty of beneficial objects).
Therefore even if you found evidence of an executed deed, it would be likely nullified by your father's failure to adhere to any of its requirements.
0
Confirm your email address to Create Threads and Reply

Categories
- All Categories
- 351.6K Banking & Borrowing
- 253.3K Reduce Debt & Boost Income
- 453.9K Spending & Discounts
- 244.5K Work, Benefits & Business
- 599.8K Mortgages, Homes & Bills
- 177.2K Life & Family
- 258.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.2K Discuss & Feedback
- 37.6K Read-Only Boards