Planning for Long Term Care Costs
As many as 100,000 homes have been sold in recent years to fund the cost of long term care. Do not allow yours to be one of them, protect your home against the Community Care Act.
With people living longer the issue of funding long term care is only going to get worse. Believe it or not it is illegal to deliberately deprive yourself of assets to avoid paying care fees and so a simple transfer of ownership of property will not suffice.
The financial burden of paying for care has wiped out the life savings of tens of thousands of people. Don't become a statistic… Act now for future peace of mind.
Planning in advance means it is possible for you and your partner to make provisions for your share of your property in your Will. This means that if one co-owner dies their share of the property can go into trust for the benefit of their children whilst giving the surviving partner occupancy rights.
There are ways to ensure that your share of your property will not go towards paying for care fees should you or your partner end up in long term care. We can help you to make these arrangements now. Call us on 0800 990 3219.