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Let's build your Life Interest Trust Will

A guided, step-by-step interview. Answer each question and we'll assemble your will for England & Wales.

Before you start — the one thing that makes this work.
A life interest trust only works if you are able to leave your share of the property through your will. If you own your home as joint tenants, the law passes your share straight to the other owner when you die — your will has no say — so the trust receives nothing. The property must be held as tenants in common. If it is not, you will need to sever the joint tenancy — see our Notice of Severance of Joint Tenancy. We'll ask about this as we go.
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Your details

The person making the will

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Executors & Trustees

These people prove the will and act as trustees of the life interest trust. Appoint at least one; two or more is recommended.

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Funeral wishes

Optional — leave as "No preference stated" to omit

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Guardians for minor children

Only relevant if you have children under 18

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Specific gifts

Particular items or sums left to named people, given before the rest of your estate

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The life interest trust property

The asset (usually your share of the family home) placed into the trust on your death

Tenants in common is essential. If your home is currently held as joint tenants, the trust will receive nothing unless the joint tenancy is severed. Our Notice of Severance of Joint Tenancy handles this step.
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The life tenant (the survivor)

The person with the right to live in the property and/or receive income from the trust for life — usually your spouse or partner. They cannot redirect the capital.

Where the life tenant is your spouse or civil partner, the spousal exemption usually applies on the first death.
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Final beneficiaries (remaindermen)

Who receives the trust capital after the life tenant dies — usually your children. They share equally; if one dies first leaving children, that share passes to those children.

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The rest of your estate (residue)

Everything not placed in the trust and not given as a specific gift

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Professional trustee charging

If a trustee acts in a professional capacity (e.g. a solicitor or accountant), a charging clause lets them be paid reasonable fees

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Additional provisions

Optional — any extra wishes or clauses, one per line

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Ready to generate your will

We'll assemble your life interest trust will from your answers. You can preview it in full (with a watermark) before you buy, and use "Edit Details" to jump back to any section.

Remember: sign your will in the presence of two adult witnesses who are both present at the same time. A witness — or their spouse or civil partner — must not be a beneficiary, or they lose their gift. Your life tenant and final beneficiaries must not act as witnesses.

Your Will is Ready

Review your life interest trust will below

Export to Word for bespoke situations where additional customisation or manual editing is required beyond the standard template.

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⚠️ Before you sign — read this

  • Sever the joint tenancy first. A life interest trust only works if you are able to leave your share of the property through your will. If you own the property as joint tenants, the law passes your share straight to the other owner when you die — your will has no say — so the trust receives nothing. The property must be held as tenants in common. If it is not, sever the joint tenancy before or alongside this will — see our Notice of Severance of Joint Tenancy.
  • Two witnesses, present together. Sign and date your will in the presence of two adult witnesses who are both present at the same time, and who then each sign in your presence (Wills Act 1837 s.9).
  • Witnesses must not benefit. A witness — or the husband, wife or civil partner of a witness — must not be a beneficiary, or that person loses their gift (Wills Act 1837 s.15). Your life tenant and final beneficiaries must not act as witnesses.
  • Tax is deferred, not removed. On the second death the trust assets are treated as part of the life tenant's estate for inheritance tax. Consider a solicitor or estate planner for high-value or complex estates, or where the £2 million RNRB taper may apply.
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