Long Term Care & Funding
If you or a loved one is in need of long term care there can be many difficult decisions to make about their needs. Not only will decisions need to be made about who will provide the care there are also issues to consider as to how the care will be funded. There are a number of options for funding long-term care which can be complicated to understand. So if you or a loved one need to pay for care at home or in a care home, it’s important to know the facts.
Planning for long-term care?
RJS has extensive experience in advising clients on the planning requirements of long-term care. We can advise on a number of issues including liaising with IFAs to establish suitable financial provision.
How much will you need to pay for long-term care?
This all depends on your health and mobility, what level of help and support you need and the value of your savings, assets and income. You could end up paying for all of it, some of it or nothing at all. There are a number of funding options available depending on your circumstances: