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Archive for the ‘Uncategorized’ Category

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…
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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…
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IS THE STICKING PLASTER SOLUTION FOR THE BETTER FUNDING OF ADULT SOCIAL CARE ABOUT TO COME TO AN END?

• The Times newspaper dated the 28th February reports that the government acknowledges that the Communities Secretaries statement to the House of Commons on the 15th December to better fund Adult Social Care was nothing more than sticking plaster. • Clearly the government needs to do better than just reallocating funds that would otherwise be…
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THE AGEING DEMOGRAPHIC IS TRULY UPON US!

We all know that we are living longer. Recent news that women born in 2030 can expect to live to 90 if you are South Korean and 85 if you are born in he UK is potentially good news. For men it is slightly shorter namely 84 if South Korean and 82 if born in…
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WILL THE GOVERNMENTS PRE CHRISTMAS BOOST TO ADULT SOCIAL CARE FUNDING ACTUALLY HELP?

• The pressures which exist in properly funding Adult Social Care given the ever increasing ageing population are hardly ever out of the news headlines. Most recently the Chancellor’s autumn statement and the lack of reference to this issue stimulated debate. There then followed on the 15th December the Communities and Local Government Secretaries statement…
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NEW YEARS RESOLUTIONS AND WHAT YOU SHOULD KNOW ABOUT THE ELDERLY CARE SYSTEM?

The elderly care system has collapsed? If you believe the newspapers, the governments intervention by raising council tax by 3% for the next 2 years and Jeremy Corbyn saying that the state of the system is “a problem made in Downing Street” it either has collapsed or is very close to collapse. That said the…
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HOW TO FUND SOCIAL CARE?

The press are having a field day and the government is running for cover because elderly care in this country is at tipping point.  Everyday there is something new about the crisis in this sector. The crisis has prompted the Communities Secretary to announce today that local authorities can advance forward council tax rises ring…
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IS ELDERLY CARE AT TIPPING POINT?

  ELDERLY CARE – A BROKEN PROMISE • When the Conservative party were elected as the governing party on the 7th May 2015 into this countries 56th Parliament one of their election mantras was that the most anybody would have to pay on their long term elderly care would be £72,000. • Shortly thereafter on…
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CARE HOME PROBE OVER UNFAIR CHARGES, UNFAIR PRACTICES COMPLAINTS AND CONSUMER PROTECTION?

ELDERLY CARE SYSTEM – COMPETITION AND MARKETS AUTHORITY LAUNCHES A MARKET STUDY  There are 430,000 people in residential and registered nursing homes in the UK. This sites blog dated 27th October 2016 referred to the unfair system and unfair practices for self funders involved in the long term care system. Today because of concerns expressed…
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SAY HAPPY BIRTHDAY TO THE OLDEST PERSON IN THE WORLD

The Ageing Demographic and the oldest person in the world? The worlds oldest person is celebrating today her 117th birthday.  Congratulations to Emma Morano. Other than genetics, her secret to longevity is two raw eggs a day plus an omelette at lunchtime and chicken for dinner followed by some biscuits.  Emma has also revealed that kicking her husband…
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