You may be considering going into a care home or you may already be in a registered care home of your choice and be worried about paying the long-term care fees. Either way, you will be concerned about the costs of this care and be weighing this up against your dream of protecting your wealth for your children, grandchildren and possibly future generations. We can help you with how best to pay for your care home in a tax-efficient way that may also mean you leave the best legacy for your loved ones that you can.
We recommend our clients set up Lasting Powers of Attorney (LPAs) to avoid the potentially protracted and expensive process of applying to the Court of Protection. We work with a number of local solicitors who are experienced at putting the right LPAs in place for clients.