abdcare blog

Archive for January, 2019

IS EQUITY RELEASE A GOOD WAY TO FUND THE COST OF LONG TERM CARE?

• We asked Andrew Douglas, Partner at Awdry Bailey & Douglas Solicitors who specialises in elderly care, for his views on this issue? • What is Equity Release? It is a financial arrangement whereby financial providers allow homeowners over the age of 55 to turn capital in their homes into tax free cash to either…
Read more

WHEN IN A CARE HOME IS IT POSSIBLE TO DEFER PAYING FOR YOUR ELDERLY CARE HOME FEES?

• Surely you cannot defer payment of fees when in a care home? Surprising though it may sound it is a fact that if after a financial assessment by the local authority it is the case that a person is unable to pay all their care home fees from their income and other assets (which…
Read more

© abdcare 2012 all rights reserved - VAT number 137523963 - SRA 63119

Design & powered by Resolution Design Ltd