TAX PLANNING TO PROTECT ASSETS FROM CARE FEES

In effect, our current system of long term care funding can be 100% tax on all assets above the state support threshold and some individuals will spend all of their capital down to this support level.

The legitimate avoidance of any tax will have the effect of increasing the value of an individuals estate and by definition this will assist in reducing the financial implications of funding care fees. There are a wide range of measures available to mitigate income tax, capital gains tax and inheritance tax all of which make the funding of care fees more effective.

	Tax planning guidance For further information and assistance on this specialist subject
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