THE KEY ISSUES OF GIFTING PROPERTY AND ASSETS

• The seven year tax rule for gifts does not apply to care.
• Law Society guidelines require that individuals making gifts fully understand the potential consequences.
• Local Authorities can use the Insolvency Act to have the gift set aside.
• Success in achieving State funding support may restrict and limit the individuals choice in care .
  

	Is it necessary? Consideration of some of the options
	Gifting to Protect Capital Bulletin How to obtain the CareAware bulletin on gifting
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