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Wednesday, February 22, 2012
 

Paying for Care Fees

‘Do you know all of the options available to you?’

If you are reading this you are likely to have been given the confusing task of having to arrange the nursing or residential care of a close family member or friend.  If not you could be a professional attorney or deputy and your task is equally as difficult but the responsibilities placed on you perhaps greater. 

Possibly the most difficult part of the task is finding information about how to pay for care fees.  If you are in this situation there are a few questions you should know the answers to before committing yourself to anything.

  • How do I make decisions for someone who is unable too?
  • Should I be paying for the care or should it be funded by the NHS?
  • Am I getting everything I am entitled too by way of benefits?
  • Is going into Residential Care my only option or is there any way of staying in my own home?
  • Do I know that I may not have to pay for the first twelve weeks of care if my only asset is a property?
  • How much can I expect the care fees increase by each year and is there anyway of reducing or capping this?
  • How long will my capital last and what will happen if it runs out?
  • Is there any viable way of protecting any of my capital, making it last longer or making sure that it does not run out?

If you are struggling with any of these questions or are unsure about the best way to pay for care fees, pick up the phone and contact one of our experts at our offices in Stevenage, Hertfordshire before you go any further. 

Download a copy of our Care Guide.

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