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Tansley Wills of Nottingham - Will Writing and Estate Planning - East Midlands
Reducing potential care home fees

This page is important for those who are concerned about their personal assets being used to fund their long term care, should they need to enter care at some point in the future. It is also applicable for those children or family members who have elderly parents or relatives and are concerned about long term care provision for them.


Historically, local authorities paid for the ongoing care of individuals when they needed to go into care. Nowadays, however, things have changed. A local Authority now, under certain circumstances, has the legal authority to use the value of the house and savings owned by the resident going into care to fund their stay there.

Certain actions which people decide to carry out to reduce this possibility - for example giving away their assets, or signing their house over to other relatives such as their children - in fact at best don't work and at worst can make their personal assets and property at risk from being used by others. For example the share of your house now owned by your children could be included in their divorce settlement or separation, or even bankruptcy. What if over time there is a family rift?

We can visit you and advise you on how best to protect your wealth from being used to fund long term care, should you need it in the future. We will of course explore what you want to achieve and will advise you of the benefits and disadvantages of the options available to you.

Please talk to us and we will be happy to help.

Contact Tansley Wills

Phone Number:

Landline: 01623 452395
Mobile: 07963 343014

E-Mail: enquiries@tansleywills.co.uk

Tansley Wills Limited is a member of the Institute of Professional Willwriters and complies with the Office of Fair Trading approved IPW Code of Practice. Tansley Wills Limited is a member of the Institute of Professional Willwriters and complies with the Office of Fair Trading approved IPW Code of Practice.

Write to us at our practice address:

Tansley Wills
11 Dunsil Row
Mansfield Road
Clipstone Village
Nottinghamshire
NG21 9FG

Directors
Elaine Tansley
Paul Tansley


Tansley Wills Limited.
Registered office: 11 Dunsil Row, Mansfield Road, Clipstone Village, Nottinghamshire, NG21 9FG.
Registered in England and Wales. Registration Number 7346672.
© 2011. Tansley Wills Limited. All rights reserved.


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