Care Home Fees
We tend to live longer these days. That should be something of a celebration but the downside of longevity can be poor physical health or loss of mental capacity. The majority of families do what they can to provide care but eventually care services in a care home, or supplied at home, may need to be considered. This process can be difficult, emotive, stressful and costly.
Information available on the financial impact of paying for care can be confusing and contradictory depending on to whom you speak. People often feel they have no choice about where they receive care and fear the loss of their home to the state to fund care fees.
For those needing to pay for care, difficult economic times can add to the problem but people cannot simply put their care needs on hold awaiting the recovery of investments and property prices.
If you are forced to use assets to fund care fees we would urge you to seek specialist advice to try and protect your assets from erosion. If you have to sell your home to pay for care we urge you to seek advice. If you or a family member needs care there are options available to you other than simply spending the proceeds from a house sale or savings accrued over the years and hoping for the best.
We have access to specialists in this field that will be able to assist you in making informed decisions on the best course of action for your circumstances. If you would like to discuss your specific case please contact us. If you would simply like further information at this time, please let us know and we can arrange for a user friendly guide to be sent to you which provides the initial information needed to make this process as easy and straightforward as possible.