Lifetime Estate Planning

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Long Term Care

Paying for Long Term Care

Some people may be very worried about the issue of paying for Long Term Care. It is very easy to bury our heads in the sand with regards to this issue, as we all like to think that it will never happen to us. However, everyone seems to know or has heard of people who have had to sell their home in order to pay for their care, but don’t quite know why or how they can avoid the same thing happening to themselves.

We all need to plan more carefully for our future if we want our beneficiaries to inherit what we feel is rightfully theirs. The sad fact is that you’ve worked hard for years to provide a valuable asset to pass on to your loved ones, but your home may be under real threat if you later require long-term residential or personal care.

But YOU can avoid this happening by organising your affairs effectively with THE PROPERTY PROTECTION TRUST WILL. This quite simply is designed to protect the value of the share of the deceased partner in the property, from being used to pay the care bills of the surviving partner if they require permanent residential care. It also allows the surviving partner all the benefits of occupation or to move to a different property and will prevent the deceased partner’s share in the property being inherited by a second husband or wife. Ultimately, it leaves your share of the home to pass to your loved ones in the fullness of time.

If you have no hesitation in having building insurance for your family home, then you owe it to yourself and your loved ones to also protect your home against the Care Act 2014.

Please talk to us to find out more