If you own your own home, it will pass to the Trustee who may decide to sell it on the open market. Other options include your partner or a family member purchasing the Trustee’s interest in the property. Whatever happens will depend on factors such as its value, the amount of equity available, and whether any children are living there.
The Trustee will also take control of your other assets, apart from items such as clothing, furniture, tools needed for your trade, and potentially a vehicle if its value is no more than £3,000.