You can set up a Trust either whilst you are alive or as at the date of death by including the finer details in your Will. Why would you consider doing this? Because a Trust will solve a multitude of…
The new Care Act 2014 has arrived, it is now law and replaces the old CRAG rules (Charging for Residential Accommodation Guide) and there seems to be more than speculation that Local Authorities have not been trained in its implementation.…
If you have read my earlier posts regarding the changes to care home fees limits due to come in Apr 2016, you will know that in fact very little will actually change in terms of people having to pay their…
Despite the lack of evidence in writing, there has been some shocking instances of banks advising elderly clients to consider selling their home, then giving the proceeds to the children such that if they had to go into care, they…
As either Pensioners or Prospective Pensioners, we could be in for a shock as it seems that most of us will pay double the fee limit, because of all the costs that are excluded, the Institute and Faculty of Actuaries…
Having reached 50 plus myself, I am quite well aware that my parents are getting on a bit too. We all read articles about Care Homes on a regular basis because there is always something topical for ?the press? to…
Results of the research commissioned by NFU Mutual has found that in five years, over a million families have been “forced” into paying their own care costs either through a forced sale of the family home or by the local…
We hope the Government has settled down on the rules ? the latest for clients in England & Wales is a ?care element? cap of ?72,000 from April 2016. Until then of course nothing much will change. Whilst this may…
Here?s the latest on this important topic – so will you still be forced to sell your home if you have to go into care? Probably is my answer… Contact us if you want to talk about it. At the…
Whilst the Government have continued to deliberate how much we should all have to pay for our care in old age, in 2011 alone nearly 25,000 people were forced to sell their homes to pay their own way. Rather alarmingly…