Long Term Care Fees
Whether you are a relative or someone who needs to pay for their own care, the costs involved can be daunting to say the least and it is not surprising to learn that more and more elderly people are having to sell their home to help with the funding burden.
Long Term Care funding is a complex area, not one for a DIY approach, which is why the Financial Conduct Authority has insisted that financial advisers working in this field must hold specialist qualifications.
Remember, it is never too soon to speak to us and delay could be costing you and your family money, for example:
- You could miss out on establishing specialist Will trusts that, in the event of your death, aim to keep your capital out of your partner’s estate for future long term care fees.
- If you are already paying for care then your capital could already be eroding due to the care costs and it is important to act before it is too late.
- The government could change the rules at any time and close the planning opportunities currently available.
Going into care can be an emotional and difficult time but by providing you with professional and independent financial advice on the range of Long Term Care Fees solutions we hope to reduce your stress at this most difficult time and help more people enjoy their later years.
Rather than charge you an hourly rate for our advice, we typically to work on a project basis with a fee payable only if and when we can help you.
Naturally we would not expect you to commit to these fees at outset without seeing the value that our bespoke financial planning can add to you; consequently your initial no-obligation meeting is always at our expense.
Concerned about the impact of Long Term Care Fees?
Our Director Scott Gallacher is a qualified long term care funding specialist, and if you or a family member are concerned about the costs of current or future care you should contact us as soon as possible.