Those with assessable assets in excess of £23,250 will be fully responsible for their care home fees.
Government figures show that, on average, a 65-year old can expect to need ‘care’ costing £30,000 during retirement, although 5% will need care that costs more than £100,000. However, ‘care’ does not include accommodation costs, and so these figures can effectively be doubled.
We can help you:
- Plan in advance to protect your assets from Care Home Fees, whether through the use of carefully drafted Wills, Trusts or investments.
- Check financial assessments carried out by the Local Authority for those already in a care home.
- Claim NHS Continuing Care Funding – which pays the full cost of someone’s care in a home, regardless of the extent of their assets, if that person has a primarily nursing needs – and challenge decisions refusing such funding.
For information on protecting your assets from Care Home Fees, please see our information sheets below.
You should also consider signing a Lasting Power of Attorney to cover the possibility of becoming incapable of making decisions for yourself during your lifetime.
To make a Will or Lasting Power of Attorney, please go to the Wills and Power of Attorney section of our online services
For some helpful advice on Care Home Fees you may want to take a look at the following link: Care Home Fees – Frequently Asked Question
Useful Links
Care Home Fees Sheet
Care Home Fees - Individual
Care Home Fees - Couple
