Property into Trust and then register it as a charity

tobyfran102 | 16:51 Fri 13th Jun 2008 | Personal Finance

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I read an answer to a different question about whether someone should sell or rent their house. The answer was do neither but consider putting the property into Trust and then registering it as a charity. Does anyone know how to do this, pro's and con's. Any useful sites that I could read up on this. If you do this what happens if you sell or want to rent, etc, etc. Any info that anyone can offer will be appreciated. I am based in the UK so only relevant information relating to the UK please. Thanks for any assistance. Regards

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Ethel

Everything you need to know about registering a charity - and no, it's not easy:

http://www.charity-commission.gov.uk/registrat ion/default.asp

tobyfran102

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thanks for the one answer so far. However it does not answer how you put a property into trust - can anyone help with this. Once the property is in trust how or why would you register it as a charity. Many thanks for any responses.

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