Financial & Legal News

Councils warn families on Care Home Fees

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Care home funding has been in the news recently as the Daily Mail revealed that Councils across Britain are set to clampdown on those who transfer their properties to children in order to avoid paying care home fees.

Care home bills can cost more than £550 per week, and that is without additional nursing support. On average a person stays in a care home for 66 weeks, meaning the cost could easily amount to anything in excess of £40,000.

This hefty bill is the driving force for a wave of property deed transfers and Age UK has warned families considering signing over their property to children that they must be aware of the law, pitfalls and consequences.

According to the law, Councils can go back as far as they wish to check if a property has been transferred. Although officials have stated that they are likely to assess more current cases, in particular those where homes have been transferred within 6 months of a person going into care.

Pearson Solicitors and Financial Advisers have a qualified financial planner who can provide Long Term Care Advice. We understand this can be a difficult time and our experience means we can guide you through the process. Our legal team can also ensure that you receive the appropriate level of funding and can even reimburse relatives if the correct level of funding wasn’t received.

For more information get in touch.

Please note that the information and opinions contained in this article are not intended to be comprehensive, nor to provide legal advice. No responsibility for its accuracy or correctness is assumed by Pearson Solicitors and Financial Advisers Ltd or any of its members or employees. Professional legal advice should be obtained before taking, or refraining from taking, any action as a result of this article.

This blog was posted some time ago and its contents may now be out of date. For the latest legal position relating to these issues, get in touch with the author - or make an enquiry now.

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