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01302 341 414 Doncaster

Sheffield Office

0114 272 1884 Sheffield

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01302 965875 Sprotbrough

Care Costs Advice

Clients are often concerned that if they have to go into a care home then their assets will be used to pay for the cost of care.

This ultimately means that they’ll only have limited amounts to leave to their loved ones upon their death.

 

What are the key rules for care home fees in the UK?

At present, if a person enters full-time care and has property, savings and investments worth more than £23,250 then, depending on what they require, they may be liable to pay for care in full themselves (figures correct as of 2018/2019).

 

What are the key rules for care home fees in the UK?

At present, if a person enters full-time care and has property, savings and investments worth more than £23,250 then, depending on what they require, they may be liable to pay for care in full themselves (figures correct as of 2018/2019).

 

What is deprivation of assets?

Many people mistakenly believe that they can just give all their assets away and therefore avoid care fees. There are specific rules, known as deprivation of assets, that prevent this.

Examples of deprivation of assets include:

  • Giving away large sums of money to family members or transferring property ownership to someone else.
  • Making sudden and expensive purchases that are inconsistent with past habits.

 

How we can support you

At Taylor Bracewell, our experts can help talk you through the various options that are available to you to give you peace of mind.

For more information, click the links below or download one of our helpful guides.

Alternatively, you can give us a call on 01302 341414 for our solicitors in Doncaster and 0114 272 1884 for our solicitors in Sheffield, and our friendly team will be happy to have a chat with you.

We can help you with any of the following:

Call to see how we can help you protect your assets.

01302 341 414 0114 272 1884
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