Estate Planning

Planning for care home fees

Planning for care home Fees

Care home fees can range hugely depending on the facilities or location of the home. By planning for care home fees in advance, and by speaking to one of our specialists beforehand, you can ensure that you know what funds you are likely to have available by the time you go into a care home, how likely you are to have to pay for your care and whether avoiding care home fees will be an option.

Planning for care home Fees
Estate Planning Advice

Advanced care planning

Estate Planning Advice

Protection from care costs

Estate Planning - wills & trusts

Peace of mind

How we can help you plan for care home fees

Review of existing Will

Review your circumstances

Discuss your options for paying

Help you understand Local Authority assessments

Help you avoid complications that may occur

Ongoing reviews of your wider estate

Frequently Asked Questions about care home fee planning

The average care home fees in the UK range from £27-39k a year for residential care, and £35-55k per year for nursing care (LaingBuisson).

An asset protection Trust could protect your assets from care home fees. However legal guidance is essential.

It’s common to worry about what will happen if you run out of money; 60% of baby boomers are more afraid of running out of money than dying (Allianz).

Cashflow modelling can calculate how much money you’ll need in later life to sustain your lifestyle and pay for later life care.

To continue living life as you know it, you need to take action now.

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