Can I give away my assets to avoid having to pay care fees?

This is a question I am fairly regularly asked and in short the answer is ‘no’. I have found that people can be very frustrated when they realise they will have to self fund their care costs if they have over a certain level of assets. In response to this, the first thought moves to […]

What are the main considerations in funding for long-term care fees?

Being faced with the prospect of requiring care for yourself or a loved one can be daunting. It is well documented that the cost of care is expensive and must be paid for even by those with modest assets or savings (currently £23,250 in England for the tax year 2020/21). However, there are several steps […]

Planning for long-term care

Whether the need is care at home or moving in to residential care there are many areas that require some consideration. It can be a hard time for those concerned but the main focus has to remain on the individual who requires the care. In most cases, there are a number of parties involved in […]

What is a Power of Attorney?

In short, a Power of Attorney is a legal document that allows someone to make decisions for you, or act on your behalf. Generally speaking, people think of Powers of Attorney when in later life as they may want someone to look after their financial affairs if they were to lose ‘mental capacity’. I believe […]