We can help people concerned about residential Care Home Fees:
The financial support for people who require permanent or temporary residential support in a Care Home, Nursing Home or Dementia Home is a complex issue. Your home may be used as collateral by the Local Authority and it is important to plan ahead to protect your assets.
If your partner requires care and you remain in the family home then the asset is exempt but on the death of that person or in the event they also need residential care then the home becomes an asset that the local authority can use to pay for the ongoing fees.
By planning ahead through the use of trusts and asset transfers you can plan to leave your assets for your children or beneficiaries. We do this through a Preservation of Family Asset Plan.
Book an appointment for a free, no obligation review of your circumstances. Please contact us here.
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