Care Fee Planning Advice
Planning for care home fees involves much more than simply setting money aside. Here at Farnworth Rose, our specialist solicitors can help you structure your estate to ensure you can pass on as much as possible to your beneficiaries.
Our care home fee solicitors will guide you through the options available to you through our unique checking service to ensure your estate best reflects your needs.
To talk to a solicitor about how Farnworth Rose can help you, call us on 01282 695 400.
Why is it important to plan for care home fees?
If you ever need to go into a care home you will usually be expected to pay for your own fees.
To determine whether you will be required to pay for your own fees, your local authority will undertake a financial assessment. If what you own exceeds £23,500, they may make no contribution to your care home fees.
The average care home costs can range from £2,000 to £3,000 per month. In many cases, properties have been sold in order to meet care fees. This can significantly impact what you can pass on to your loved ones.
How can the specialist care fee planning solicitors at Farnworth Rose help you?
At Farnworth Rose, our solicitors can help you plan for care home fees during the estate planning process. This can include:
- Advising you on any benefits you are entitled to
- Structuring your Will in order to protect inheritance for your beneficiaries
- Providing advice on how you own your home to make sure your assets are protected
- Helping you to claim other methods of funding such as NHS Continuing Healthcare.
When planning for care home fees, it is vital to review your estate as a whole. This will often include how you own your home and how your assets are structured.
At Farnworth Rose, we provide a unique checking service to ensure that your estate allows you to pass on as much as possible to your loved ones. This includes providing advice on the options available to you to reduce the impact of care home fees on your estate.
Find out more about how we can help you prepare for care home fees by calling 01282 695 400.
Or, if you’d prefer to arrange a call back at a time that suits you, complete our online contact form here.