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Care home top-up fees

Even if the local authority is unwilling to pay the whole cost of the chosen care home, a top-up charge may be able to enable an individual to reside in the care facility that is the most suitable for their need. What is meant by the phrase “care home top-up fee”? It is possible that […]

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Deferred payment agreements

You may be eligible for financial assistance from the local government in the form of a long-term loan known as a “delayed payment agreement.” Agreement for deferred payment: postpone the sale of your home in order to pay for medical expenses If you are unable to pay for the costs of a care facility and […]

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Can I give away my property or assets to avoid care fees?

We discuss the regulations and legal ramifications of gifting money and other things, including the act of knowingly depriving someone of their possessions. Formalization of a property exchange. As you get older, you may find yourself contemplating the possibility of bequeathing your home or some of your assets to someone else, such as your children, […]

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Paying for care in later life: a free guide

We discuss the various means by which in-home care can be funded, ranging from assistance from the local authorities to what’s known as self-funding, in which you pay for the care yourself. How are the costs of in-home care covered? Home care is beneficial for elderly persons who are having difficulty completing everyday activities on […]

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Should you downsize?

We examine the benefits and drawbacks of moving into a smaller home or into a different kind of residence, such as sheltered housing or a retirement community, when preparing for retirement. What exactly is “downsizing”? Simply put, downsizing refers to the act of relocating to a smaller residential or commercial location. It’s possible that you’re […]

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Can I give away my property or assets to avoid care fees?

We discuss the regulations and legal ramifications of gifting money and other things, including the act of knowingly depriving someone of their possessions. Formalization of a property exchange. As you get older, you may find yourself contemplating the possibility of bequeathing your home or some of your assets to someone else, such as your children, […]

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Paying for care in later life: a free guide

Get a free copy of our advice on how to pay for care in later life by clicking here. The primary forms of care, their associated costs, and the application process for monetary assistance are discussed in this guide. A no-cost guide to health care financing There is no one solution that can cover everyone’s […]

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