Elderly Client Services
Planning for Care Home Fees
An increasing number of people come to us because they are concerned that they may need to go into some form of residential care in the future, and their hard earned assets will diminish as a result. The media is very quick to scare us all into believing that we will be forced to sell our homes and that we will be left with little to pass on to our families.
The reality is quite different. The majority of people do not have to go into care. Even if you do, it does not mean that everything that you have worked so hard for will be swallowed up in fees. Understanding the system and the various options available will help to ensure that you and your family will not have to pay unnecessary fees, and your assets will be protected as far as possible.
Approximately 70% of all residential care is funded by the state, with local authorities bearing the majority of the costs and the NHS making a significant contribution. Many placements are funded in part by pension credit and registered nursing care contributions. Of the care home residents who are funding themselves most, if not all, will qualify for some state support often via attendance allowance.
There are many options available with regard to state funded care and our dedicated team of experienced and caring experts are here to help you and your family. We can ensure that you and your family have the peace of mind you deserve by advising and assisting in respect of state funded support, protecting your assets, making Wills and drawing up Lasting Powers of Attorney.
For further information please contact:
Bedford: Ann Pryer