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!).
Some cookies are essential, whilst others help us improve your experience by providing insights into how the site is being used. The technology to maintain this privacy management relies on cookie identifiers. Removing or resetting your browser cookies will reset these preferences.
These cookies enable core website functionality, and can only be disabled by changing your browser preferences.
Google Analytics cookies help us to understand your experience of the website and do not store any personal data. Click here for a full list of Google Analytics cookies used on this site.
Third-Party cookies are set by our partners and help us to improve your experience of the website. Click here for a full list of third-party plugins used on this site.