Specialist Care Fee Funding Advice
There are many options for funding long-term care and they can often be complicated to understand. Long Term Care expert advice can give you peace of mind to those needing care and to their family.
Please contact us for advice in choosing the most suitable Long Term Care options to suit your needs.
Guidance of types of care available for example:
- Clubs and Clinics
- Charity Assistance
We can help you identify the most suitable care.
You may be eligible for certain benefits
- Carers Allowance
- Attendance Allowance
Not all state benefits are means tested, and are in fact needs tested. At this time it is important these benefits are not overlooked.
Options available to fund care costs
- NHS Continuing Care
- Local Authority funding
- Care Fee Annuities
- Investment strategies
The differing payment options will obviously effect 'who' is responsible for paying. Additionally the tax treatment will differ, which will have an effect on the overall cost.
Cash-flow reporting for future care fee costs
Each option affords benefits, some will be guaranteed in payment until no longer required, and others may potentially erode until this funding option is exhausted.