Welcome to the care fees planning area of our website.

You may have found our site as you are involved with the planning of care for your parents or a close relative. Below we have tried to answer a few of the initial questions we are often asked in relation to our Care Fees Planning services.

What qualifications do you have in this area?

Two of our Chartered Financial Planners are fully accredited members of the Society of Later Life Advisers (SOLLA):

• Peter Magliocco  – Chartered Financial Planner
• Matt Bond – Fellow Chartered Financial Planner

As members they are mandated attain and maintain a level of knowledge in this area and have a specified number of qualifications.

In addition, a live assessment via a formal interview is undertaken and must be passed which covers both technical knowledge and soft skills.   This assessment is revisited on a regular basis (https://societyoflaterlifeadvisers.co.uk/About).

Wingate Financial Planning is a multi-award winning, independent, Chartered Financial Planning business, further details of which you can find under the ‘Professional Excellence’ menu on this site.

How can you help us?

We are very aware that this is likely to be an emotional time for you with important decisions that need to be made around finances and the best type of care for your loved one.

We aim to provide clear advice so that those involved can make informed decisions, in the knowledge that the individual needing care has the resources to meet the cost of their fees indefinitely and importantly in an environment of choice.

We can navigate you through the care options available and assist you in making an informed and tailored decision.

What is the first step to establish if you can help us? 

The first step is for us to have an initial conversation and then if appropriate have an initial exploratory meeting, the costs of which are borne by us.

During this initial meeting we would usually cover the following:

• Background – your / the person requiring care story along with your goals and objectives
• Potential allowances and assistance available from the State
• The options available and the considerations around these
• The role and responsibility of the Local Authority
• The legal power to act for the person needing care – Powers of Attorney / Court of Protection
• Agree how to move forward

We understand that if you are sorting out the finances and care for a relative or friend you may feel concerned about this responsibility; we are here to provide our friendly expert advice to ease those concerns.

The Next step
As mention the cost of an initial chat and any exploratory meeting is borne by us so if you feel that we could help please contact either Matt or Peter on 01883 332261.

Download

Click here to download the full PDF version of our “Funding for later life care provision white paper”