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Take early action to reduce the risk to family wealth from Care Home fees

Those who fund their own care pay hundreds of pounds more a week than state-funded residents.  This typically results in family’s assets having to find £10,000 more a year than a Local Authority pays.  This occurs because of the bargaining power of the Local Authority. Taken together with the fact that the average annual cost…
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Top 7 Ways of Protecting Family Assets

Top 7 Ways of Protecting Family Assets 1. Use a Lifetime Trust to protect your family’s Assets from Care Home Fees. 2. Use a Lifetime Trust to protect your family’s Assets from Re-marriage. 3. Use a Lifetime Trust to protect your family’s Assets from Divorce 4. Use a Lifetime Trust to protect your family’s Assets…
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Most people do not budget for future Care

The majority of people aged over 55 have not budgeted for their future care needs but have spent money from their pension pot early, research reveals. A Citizens Advice poll British people aged over 55 who had taken money early from their pensions, found that only one in six are budgeting for future care costs.…
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