Many of our older clients have concerns about funding future care, whether in a nursing home environment or via 'at home' care. The range of options in relation to care can be bewildering and confusing.
There is often a need to balance the requirement to fund care with the desire retain assets to pass down to the next generation (or two).
Our clients have sometimes heard of friends or acquaintances who have:-
- Gifted their house to a relative
- Transferred their property into a Trust
- Taken out a lifetime mortgage (also called equity release)
- Or purchase care bonds.
Usually they want to know which of these options, if any, will be suitable for them.
There is no “one size fits all” approach to care costs planning and we will discuss your individual requirements in order to provide advice tailored to your particular needs.
Our specialist Solicitors are experienced in advising older clients and provide the best possible service to ensure peace of mind.