IS IT NECESSARY TO GIFT PROPERTY AND ASSETS ?

Based on the evidence of calls received by our Helpline, gifting of assets is usually something of a panic measure made without a full appreciation of the facts. When offering advice on the subject, we always begin by asking, is it necessary?

In answering this question, it is vitally important to understand the system and to assess how an individual’s situation might be dealt with. Only then can the gifting issue be considered sensibly and rationally.

All too often, those who contemplate making a gift are the very people who least need to do so and would be in a position to fund their care needs whilst also securing the inheritance position.

We strongly urge individuals to consider the matter carefully before taking action. Understanding the issues related to paying for care is crucial.

	Paying for care Details of the issues of paying for care
	Protecting assets from care fees Details of how to legitimately protect assets from the cost of care
	Gifting to Protect Capital Bulletin How to obtain the CareAware bulletin on gifting
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