Long Term Care Planning

No one wants to go into a care home but careful planning can lessen the impact on your finances.

Call us now: 01543 420 000 or request a call back below

Can I protect my estate from care fees?

Since the introduction of the transferable allowances for inheritance tax were introduced in 2007 for many the need for inheritance tax planning has largely gone away and been replaced by concerns over the rising cost of care and how that will impact on what they can leave to their family. 

There are ways to mitigate the impact of long-term care and we can advise on the most appropriate options given your personal circumstances but this would normally take the form of an updated Will to include a suitable trust rather than a trust created in your lifetime. 

Can I give my house away to avoid paying for care?

This is not advisable and can cause all sorts of problems for both you and for those to whom you have gifted your house. 

‘If it sounds too good to be true, it probably is’

The issue of care home fees is very emotive and there is a great deal of misinformation on line and a large number of companies seeking to prey on the fears of those planning for their retirement.  The idea that you can take assets outside of your estate as far as care fees is concerned whilst still having the use of those assets is wrong and setting up a trust to do precisely this is fraught with problems. 

What other planning is available?

Lifetime mortgages are becoming more popular and may be a viable option for some by releasing capital without selling the property.  This could mean you are able to stay at home with paid for care rather than going into care. 

Will writing, trusts and probate team

For further details of our services, please call a member of our probate and estate administration team on 01543 420000. Alternatively, you can email on: willsandprobate@keelys.co.uk

Fill the form out and we'll get the best person to get in touch.

To see how we handle your data please refer to our Privacy Policy

Latest News

Take Five

We are delighted to welcome Jas Dubb (left) to our employment law team. Jas is a very experienced solicitor who has worked in large Birmingham firms. Between them, our team

Read More…

Proms in the Park 2023

We are delighted to confirm that we are once again sponsoring Lichfield Proms in the Park. This is a free event which this year is taking place on Saturday 2nd

Read More…

Keelys expands Litigation and Dispute Resolution department

We are very pleased to announce the expansion of our Litigation and Dispute Resolution department with the addition of solicitor Kerri Pearce. Kerri is a very experienced solicitor who has extensive

Read More…

Keelys pedal for charity

At lunchtime on Wednesday 3 May an intrepid group of 11 members of Keelys’ staff stepped away from their desks and got on their bikes, all for charity.    From

Read More…

Our approach is to balance the need to protect your interests with keeping the wider picture in perspective

Fill the form out and we'll get the best person to get in touch.

To see how we handle your data please refer to our Privacy Policy

Copyright ©2023 Keelys Solicitors LLP. All rights reserved.

Keelys LLP is authorised and regulated by the Solicitors Regulation Authority with SRA No. 490684. | Registered number: OC337482.