You may need care yourself in the future or be receiving care already. The worry is that your money could run out and that you will have to switch to a cheaper level of care or become a burden on your family losing your dignity at the same time. Many people also worry that if care costs use up all of their savings and assets that there will be nothing left to pass on to their children or other family members.
Our independent advisers specialise in providing advice and guidance on the complex area of care fees planning. We can help both individuals who need care and their families understand the implications of care requirements, State benefits and local authority support and the solutions available to them to pay for the care.
There are a variety of solutions available that can be tailored to fit individual circumstances and objectives therefore it is important that professional advice is taken from appropriately qualified advisers before making what could be one of the biggest decisions of a person’s life.
As well as financial considerations our advisers will help you and your family understand the following, if they apply to your circumstances:
- Care assessments
- Office of the Public Guardian and Deputies
- The Care Act and new legislation
- Deprivation of assets rules
- NHS continuing healthcare
- Deferred payments
- Powers of Attorney
- Last Will & Testaments
- Care advocacy
Warning: Advice regarding care requires specialist qualifications and you should ensure that your adviser holds these qualifications before engaging with them.
Cestrian Life & Pensions Limited is an appointed representative of LJ Financial Planning Limited, who are authorised and regulated by the Financial Conduct Authority (FCA), 12 Endeavour Square, Stratford, London, E20 1JN. Our firm reference number is 507741, LJ Financial Planning reference number is 429142.