The government have said that you won’t have to sell your property during your lifetime to pay for long term care, but what role does property have in paying for care fees? What are the other options?
Whilst the care cap is likely to have an impact, the reality is that there will be a period where self-funding is the only option for many, whether in full or in part. Indeed, even after the cap is reached, there will still be a continuing price to pay for self-funders.
In this webinar Martin Lines speaks to Graham Duffy about the criteria for self-funding and the options available for those who have to pay for residential and domiciliary care. We will look at a case study and discuss the pros and cons of each option and what they mean to a specific individual.
We will also discuss an alternative way of capping the cost of care that exists today.
By attending this session, you will be able to:
• Understand the main care self-funding options
• Recognise the criteria for state and self-funding
• Discuss the place for guaranteed income
Register for our webinar on Thursday 22 September at 10:00 and gain 45 minutes of CPD.
We are a specialist UK financial services group focusing on attractive segments of the UK retirement income market. The Group is a leading and established provider of retirement income products and services to individual and corporate clients.…