Long Term Care Provision

There is an understandable reluctance to talk about long term care for the elderly. For many the need for care comes quickly, perhaps due to a rapid deterioration in health and many decisions have to be made in a short time scale.  

The Financial Services Authority. the regulatory body, considers long term care provision a specialist area and as such insists firms offering advice must have specially qualified Advisers.  At Taylor & Henderson our adviser holds these qualifications.

In all circumstances careful planning is needed to ensure your elderly relatives or friends have all the available information and advice to make the right choices.

Every family's circumstances will be different but the following areas should be addressed:

• - Cost of Care Homes
• - State funding entitlement
• - Other allowances
• - Maximising benefits and entitlements
• - Tax efficient investing
• - Advising on Specialist care fee's planning solutions
• - Powers of Attorney
• - Wills
• - Alternative procedures if no Power of Attorney exists on mental incapacity

In practice each area can affect the others and getting good quality advice in all these areas can reduce any worry during what is often a stressful time as well as benefiting your family financially.

For further information or advice contact Malcolm Gibson on 01294 606725 or email mgibson@taylorandhenderson.co.uk

Taylor & Henderson are authorised and regulated by the Financial Services Authority.

We are entered on the FSA register no 113478.
The guidance and/or advice contained within the website is subject to the UK regulatory regime and is therefore primarily targeted at customers in the UK.