Owning a property is an aspiration for most people. However, purchasers are an easy target for creditors and claimants whether through a relationship or an unexpected financial disaster.
It is important to consider such things as, how a property will be owned, and have a plan in case one party wants to sell a co-owned property. A trust can own a property in which you live where for all practical purposes you have the same benefits of ownership but reduce the risks that come with that.
If you don’t own your house then it is not something a person can generally make a claim against. But on the other side of the equation the structure allows you to feel comfortable with the control of the trust that owns the property for you and your family.