MRNRB and Cohabitees

I have a client who has recently jointly purchased a property, to live in, with her sister and brother-in-law.

My client has children and is widowed.

Does anyone have any bright ideas as to how to maintain the MRNRB and protect the joint owners? As I understand it a Life Interest Trust will not work, given that although the remaindermen beneficiaries would be the children, the intervening life tenants would disrupt its availability?

I work in the south-east and this practice of joint ownership is becoming common for elderly clients, who have perhaps lost spouses.

Thank you in advance.

Joshua Williams
Furley Page LLP

Leaving the children an IPDI would help.

Simon Northcott