Care Home fees have been a controversial topic for many years. Whilst the Dilnot proposals offer some much needed clarity many clients will still want to plan carefully for their longer term care. We can help with this and prepare a carefully drawn Will to help shelter at least half of a couples assets from the clutches of the Local Authority.
With an ageing population, the funding of care fees is a worry for many – we can help you put sensible plans in place and protect your assets so you have something to pass on.
We will look at your personal circumstances and come up with a plan that suits you.
We typically recommend the use of a trust to hold assets on the death of the first person. This trust can hold up to 50% of your joint assets but will enable the survivor to have use of the assets for the rest of their life.
The advantage of this trust is that the Local Authority cannot lay claim to the trust assets because the survivor does not legally own the capital.
This is just one example of the way in which we can help protect your assets.
Two of our senior lawyers are Accredited Members of Solicitors for the Elderly.
Other lawyers in our team are members of Solicitors for the Elderly (SFE) and the Society of Trust and Estate Practitioners (STEP).
We offer friendly and practical advice tailored to your circumstances without taking any risks with your assets.