13/03/2022
Most of my older clients are worried about one thing in particular, the prospect of having to sell their home to pay for care home fees.
If you have assets of £23,250 then you will have to pay for your care. Your house is included in this. Transferring your house over to your children to avoid paying care home fees won’t prevent this from happening. Your local authority can still make you pay.
If you and your partner own your home the right Will can offer substantial protection and preserve half the value for your children.
Please get in touch for further advice on how a Protective Property Trust Will can help you.