Post by Denise on Feb 23, 2011 13:36:24 GMT
THOUSANDS MORE WILL HAVE TO SELL
HOMES TO FUND CARE IN OLD AGE. IT
NEEDN’T HAPPEN TO YOUR FAMILY
The recent statement of a government adviser may be a stark warning about future care funding. The statement’s startling premise was that, because baby boomers “had done well for themselves,” they should use their wealth to remove the care funding burden from the ‘squeezed’ middle classes!
It comes when a place in a nursing home now typically costs over £35,000 a year and frequently exceeds £45,000 in the Home Counties – and anyone with assets of more than £23,250 receives no assistance from the state in meeting such bills. With this asset threshold frozen, it means that more and more people will be forced to pay full care fees of more than £500 per week.
The government adviser called for insurance firms to develop “creative” products which can help families avoid having to sell cherished assets. Is he aware of Immediate Care Plans? They are available now and designed to fund a preferred choice of care/nursing home residency, or domiciliary care in one’s own home – for the extent of a person’s life.
Major providers in Care Fees Planning are represented on the Care Directions’ website. They will all be able to offer experienced advice and expertise in devising and implementing strategies tailored to individual circumstances and preferences.
Your family can achieve preferred and sustained long term care – and avoid the distress of decimated family assets. Find out how by going
to:
www.caredirections.co.uk
HOMES TO FUND CARE IN OLD AGE. IT
NEEDN’T HAPPEN TO YOUR FAMILY
The recent statement of a government adviser may be a stark warning about future care funding. The statement’s startling premise was that, because baby boomers “had done well for themselves,” they should use their wealth to remove the care funding burden from the ‘squeezed’ middle classes!
It comes when a place in a nursing home now typically costs over £35,000 a year and frequently exceeds £45,000 in the Home Counties – and anyone with assets of more than £23,250 receives no assistance from the state in meeting such bills. With this asset threshold frozen, it means that more and more people will be forced to pay full care fees of more than £500 per week.
The government adviser called for insurance firms to develop “creative” products which can help families avoid having to sell cherished assets. Is he aware of Immediate Care Plans? They are available now and designed to fund a preferred choice of care/nursing home residency, or domiciliary care in one’s own home – for the extent of a person’s life.
Major providers in Care Fees Planning are represented on the Care Directions’ website. They will all be able to offer experienced advice and expertise in devising and implementing strategies tailored to individual circumstances and preferences.
Your family can achieve preferred and sustained long term care – and avoid the distress of decimated family assets. Find out how by going
to:
www.caredirections.co.uk