Long-Term Care Planning

The Problem!

Last year 70,000 people had to sell their homes to help pay for Long-Term Care; Thus leaving many families disinherited. A correctly written Will can help safeguard their share in your property.

Because we are all living longer the prospect of needing long term care is an everyday reality. As well as being a reality it is also very expensive! Typical fees ranging from £700 – £1,000 per week.

Because funding for this is ‘means tested’ If you have assets of just over £23,500 you will be liable to fund your own Long-Term Care needs.

The Solution?

Many people have decided to plan in advance, one possible solution is to use a Property Trust written in to your Will. This allows you to put your share of the property into a trust for the benefit of your children.

If you would like to know what impact Long-Term Care fees may have on you and your family, please Contact Us for a FREE Consultation.