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Long Term Care Funding for elderly relatives.
With advances in medical science and continually improving lifestyles, many people are now living much longer, but this often means that the need for care is growing.
Elderly people may need home based or residential care and can be confused about how to deal with the various different agencies, such as the local authority, the Department of Work and Pensions and the care providers. Many people believe that the State will fund their care fees but in reality this is not the case. Those with assets over £23,250 (in England and Northern Ireland) or those who have sufficient levels of income will be required to meet the cost of this care themselves. This is a situation facing a growing number of people today.
Furthermore, when the need arises, it is normally with little notice or opportunity to prepare and adequately research the options available, so it is important to obtain the appropriate advice and guidance from an expert source.
If you, or any of your loved ones, are in need of long-term care but are concerned about the practicalities and costs surrounding this, the St. James's Place Partnership has expert specialists who can help and advise you in these matters.
If you would like more information, please do not hesitate to contact us.


