1 in 4 of us will require long term care at some point in our lives. If you own more than £23,250 in assets you are liable to pay all of your care costs, even if you have to sell your family home to do so. Applefalls and our legal partners can help reduce the impact of long term care costs and save your home from care fees through the use of Wills and Trusts.
If you fail to act now…
Your home may have to be sold to pay for your Long Term Care fees.
Your savings and investments could be wiped out.
Any income would be assessed and used towards the cost of your care.
Your children and grandchildren could lose their entire inheritance.
With the average person being admitted to care for 4 years and the average care home costing £800/week it doesn’t take long for your entire life savings and assets to be wiped out.
Most of us work very hard over the years to buy our own homes and build up our savings for our retirement and would like to leave a “little something” for our children and grandchildren after we are gone.
Why not contact us to see how we can help you safeguard your assets from care costs and protect your children’s inheritance.