An updated version of the hugely popular “Basics of care fees planning guide”, first launched at the end of 2022, is now available. By Tony Watts OBE.
The updated guide to care fees planning addresses one of the fundamental issues facing many older people and their families: how to fund their long-term care; and it has been prepared for the Age Action Alliance together with AAA members Centurion Chartered Financial Planners.
Despite a catalogue of promises by successive Governments to cap fees, the situation still remains confusing and worrying for anyone faced with the prospect of paying for care – either for themselves or a loved one: What will happen if the savings run out? Will the house be protected? Can I still leave an inheritance? What will happen to my partner?
If you have been told you need to meet long-term care costs yourself, or if you are arranging care for a friend or relative, you may not know where to start. It can be difficult to find clear guidance on your options, or on the state funding and benefits which may be available to you, particularly if you have intense or complex medical needs. Hopefully, this guide will at least provide the facts you need to make an informed decision – including a “what if” scenario if the long-proposed care fee cap IS actually introduced.
I asked Dave Robinson of Centurion Chartered Financial Planners to join us in providing this resource because I’ve known and worked with him for many years. He and his team have been specialising in advising people in later life, their families and those acting as Attorneys for over twenty years.
The root of his passion is the personal experience of seeing parents and older relatives develop various serious health and social care needs. He is accredited by the Society of Later Life Advisers and a fully qualified Member of the Society of Trust & Estate Practitioners.
His company also specialises in benefits advice, social care and health care assessments, and legal advice covering care contracts. He is pleased to offer any prospective new client an initial exploratory meeting without charge.
You can download the guide by clicking here: