PROTECTING ASSETS FROM CARE FEES

The requirement to pay for our own care in older age is an issue which causes distress to many of us and quite naturally, we wish to protect ourselves from the financial consequences of long term care costs.

Many seek to achieve protection through the gifting of assets. However, this approach is often ineffective, undesirable and indeed unnecessary. Whilst there are clearly a number of threats and challenges in funding long term care, there are also a number of measures which can be considered to provide for effective funding and capital protection.

	Tax planning The importance of tax planning when trying to protect capital
	Property ownership The impact which property ownership can have on care fee funding
	Options for funding care fees The options available for effective care fee funding
	Protecting Assets Bulletin For your copy of the CareAware bulletin on protecting your estate
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