Care Home Fees and Protective Trust Wills
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Protect Your Home From Long Term Care Home Fees
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With an ageing population the need for residential care is on the increase
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The cost of care in is on average £26,000 The Local Authority (LA) is responsible to cover the cost
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For those with assets valued between £14,500 and £23,250 the Local Authority will make a contribution
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Assets over £23,250 the Local Authority will not assist ! Therefore you will have to pay FULL care cost
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One solution for married couples is to include a Life Interest Trust in their Will
This avoids the full impact of potential care home fees and safeguards children's inheritance as far as possible
When making your Will we can create a Life Interest Trust which benefits and protects the survivor
Important administrative and legal issues need to be dealt with to comply with the formation of the Trust
To make an appointment Call 0800 368 9770