Care Home Fee Planning
This is a topic that is often in the news and is, therefore, often in the thoughts of our clients. Did you know that if you own assets in excess of £14,250 (including your house) it is virtually guaranteed that you will have to fund any long term care yourself? This can be very stressful if you are leaving your spouse at home.
Through our contacts in the financial services sector, we are able to arrange for solutions to ensure that you have the means to pay for care such as immediate care annuities and other income-producing investments.
There are a lot of stories in the media about changes to the way that social care is to be funded. The proposed changes only assist with the payment of the social care element of long term care fees - the "bed and breakfast" element will still have to be funded by the client.
Please see the following article:
Please call us today on 01454 300 600 to see if you would like to find out more.