Care Home fees

Care Home fees

CARE HOME FEES have become a major concern among elderly people faced with selling the family home to meet the residential or nursing costs.  These can run up to £1,000 per week or more, leaving – in but a short space of time – little or nothing for the next generation to inherit.

THE WAY to avoid this is to plan well ahead before the actual need arises.  Steps can be taken to protect the family’s inheritance, provided they are not classed as “voluntary deprivation of assets” by the Local Authority – which means taking action well in advance.