At Willsight Legal Services, Northampton we believe that it is important to protect all of your assets so that you do not have to make the decision to sell these assets or your property to be able to go into care.

Most of us have the intention of working hard over the years to buy our own home to provide a secure roof over the family. Alongside this savings are built up to help provide for any children or grandchildren in the future.

Moving into Care

The costs involved in moving into a Care Home can often use up all of your savings and in some instances your home may have to be sold to pay for any care fees. Although this means you are being taken care of, it means that everything you have worked for simply disappears and your loved ones may not end up with what you intended them to have.

Means Tested

Those that must go into Care will be “means tested” and will have their entire estate, assets and home taken into account. Those that do not have many assets and do not own their own home are able to go into care for free and manage to escape the cost of care.

Care Planning

It is only natural that we would want to pass any assets down to our children and grandchildren. If a property has to be sold to go into care then this can be a huge loss to you and your family. At Willsight Legal Services we can help advise you on Care planning so that we can help you protect your assets so that if you do have to go into care that these assets are protected.

What Can Happen

  • Your home may have to be sold to pay for your Long Term Care costs
  • Your savings and investments could be wiped out.
  • Any income would be assessed and used towards the cost of your care.
  • Your children and grandchildren could lose their entire inheritance.