Downsizing to fund elderly parent’s long-term care
You need to find a way of self-financing your long-term care and you own a home that’s larger than you need. Could the answer be staring you in the face?
You need to find a way of self-financing your long-term care and you own a home that’s larger than you need. Could the answer be staring you in the face?
If you need a regular income to pay for care at home or in a care home, an immediate need care fee payment plan, or immediate care annuity as they’re also known, could be the answer.
Don’t rush into any new arrangements to pay for your care costs before checking to see if you can claim on an existing insurance policy. Lots of us have taken out some kind of health insurance in the past, which might turn out to be a big help now.
Why choose live in care? Live in care is a modern solution, which helps relieve the...
If you disagree with your local authority’s decision not to pay for your care services – or you don’t think you’ve been offered enough support to meet your needs – you need to speak out.
There are several options for paying for elderly care Full funding: NHS will fully fund care,...
Family cohesiveness can often be difficult to achieve, but as parents grow more dependent, often siblings...
Purchasing an Immediate Care Annuity basically means giving some amount of your or your older parent’s capital to...
What is Telecare? For lots of people the term ‘Telecare’ is totally foreign and something that...
Choosing to move into residential care, or accepting someone caring for you in your own home,...
A local authority can agree that your parent staying in a care home on a temporary...
The benefits system is complicated but if you know where to look, there is financial support out there for the millions of unpaid carers in the UK. Here’s an introduction to what’s available with links to where you can find out more and apply for your entitlements.
It goes without saying that the majority of the elderly want to stay in their home...
myageingparent.com discusses how to try to ensure you choose a caring care home Listen here...
Arthritis Care is our Charity of the Month for April Around 10 million people suffer with...
Activities in care homes are extremely beneficial and have been proved to be good for well-being...
When a parent is facing a terminal illness, it can be difficult to have a conversation...
Attendance Allowance This is a benefit payable to people aged 65 or over, who have attention...
If a care recipient is deemed ineligible for NHS Continuing Care, the responsibility for ensuring the...
Hospice care is person-centred care provided to people with a terminal illness or life-limiting condition. It...
What is continuing healthcare funding (CHC)? NHS continuing healthcare is a package of continuing care provided outside...
Producing a care plan Once it is decided that the person has eligible needs from the...
Listen to our interview with Shelagh Fogarty of BBC5Live LISTEN HERE. We start talking at 52.38...
In today’s economically uncertain times, the financial collapse of care homes is unfortunately a fairly common...
We discuss how to plan for long term care and nursing costs. Read the article HERE
If you’re caring for your parent, there is financial help out there for you. We uncover...
Hospice care is one of the UK’s outstanding success stories. From the opening of the first...
A care home is a residential setting where a number of older people live, usually in...
Pensions Bill The shake-up of the UK pensions system under the Coalition Government continued with the...
It is critically important to ask you ageing parent to write a will for a number...
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