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Risky schemes to cut care bills - get the right advice!

View profile for Claire Read
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By giving away assets, you limit your own choice as to the sort of home that you should go in. Nice care homes are very expensive and if you do not have the money, you have no choice. You will be at the mercy of your family or the Local Authority. This is really an emotive issue and there are lots of ‘experts’ who are using scare tactics at their road shows and not providing clients with the full facts. Indeed, a reporter for the BBC advised us that our Local Authority will challenge any scheme by one particular company that tours the UK selling avoidance strategies. Having attended one of the ‘road shows’ clients can pay thousands of pounds and not be told that the scheme may not work or may be challenged. So buyer beware and take advice from specialist solicitors (like us!).