Long Term Care
As people live longer, more and more of us face the possibility of going into residential care. This costs on average around £450 per week which means that the money you worked so hard for all your life can soon be eaten away. There are ways to preserve your assets and that’s where we can help.
If your total assets (usually including the value of your home) exceed £23,250 then you will have to pay the care fees yourself, until your assets fall below that level (when the local authority will step in and contribute some of the cost). Certain assets are disregarded (see below) but the best way to prevent all your assets being used up by long term care fees is to come and see us at an early stage.
We specialise in Lifetime Planning – that is, we help people of all ages plan their future. We work closely with other professionals and the local authority to help people achieve their goals and to make sure there are no nasty surprises along the way.