Care Home Fees
Many people are concerned about the possibility of their home having to be sold to pay for residential care home fees and want to know if this can be avoided.
The need to enter a Nursing or Residential Care home often comes when we least expect it and it will be a difficult time for the person involved and their family. Added to this is the difficulty of navigating the local authority rules for payment of fees for residential care and the means testing involved.
However, in some cases the value of your house may be taken into account in local authority means testing.
You may have questions about how to protect your home from potential care fee liability. I can offer advice on trusts and estate planning and the possible implications of transferring property out of your name.
I will advise you as to the suitability of this type of action to your circumstances and also the potential risks involved.
This is a complex area and specialist advice should always be sought. Contact me for more information.