Care home fees in UK have been rising steeply leaving pensioners and others in severe financial crunch. Several people are concerned about it and many are even putting up their family houses for sale to meet the expenses at the care home. These facilities are not only for old people but also for people who face mental or physical disabilities.
Residential Care Homes Provide Independence
Although pensioners and other seniors are worried about residential care home costs, there are some reasons which have led to the rise. One is the increase in energy prices and the other is the growing population of aged people. Further, the local establishment is cutting down on funding. Whatever the reasons, there seems to be no alternative but to select a home that is convenient for the seniors. Some aged require nursing too which will lead to higher costs. Helpers in the homes are compassionate and empathize with the aged lovingly. Residential care involves physical, rehabilitative and occupational facilities. The homes are well-supervised by reliable agencies. Good meals, accommodation and help with washing and dressing are provided. If the aged need professional assistance, then they should go to homes with nursing care.
Forestall Care Fees
Avoiding care home fees is possible if you consult professionals who provide advice and help you in protecting your savings and your family house. By placing your assets in the 'Asset Protection Trust', your home need not be sold for funding the cost of a care home. By this you are benefitted as you don't have to pay for inheritance tax. Therefore, your assets can be transferred to your family members rather than the government. Some people are unaware that they are entitled to continuing healthcare from NHS after an assessment. If you take precautionary measures, your savings or property will not be lost to fund care home costs in UK. You can have control of your house and sell it whenever you wish. It will also help in avoiding payment of probate fees and your dependents can get your money without delay after your death.
Escalating Home Care Expenses
Thousands of families are in debts trying to pay for residential care fees in UK. The government has suggested a cap on the rising costs. This means that the amount you spend for a care home will be traced and computed. If it crosses 75,000 pounds, the UK government will take the responsibility of the patient and meet the expenses until his death. However, the amount is said to vary from one region to the other and also according to the services opted for. This is when a support brokerage care home can help you man oeuvre through the hurdles and obtain the preferred package.
Jack Rampson Thomas works at Independent Care Solutions (ICS). ICS provide care management services and residential care home costs which enables you to make the right care decisions and find the right care for you or a loved one. You may contact the company at info@uk-ics.com or visit website http://www.uk-ics.com/
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Thousands of families are in debts trying to pay for residential care fees in UK. The government has suggested a cap on the rising costs.
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