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Residential
Care Fees: Defend The Assets!
by William
Neilson, MA, LLB, Advocate,
with a
contribution by a Member of the Chartered Institute
of Taxation
How to save the family
fortune (large or small) when an elderly relative
goes into residential care
Applicable
to the main UK jurisidictions, and
found helpful in Northern
Ireland.
Government
plans for amending the residential care fees regime
are extremely modest and may not be implemented in
the near future. In any event, contrary to mistaken
popular belief, the responsibility for financing
the dinner, bed and breakfast element of
residential care, costing £15,000 or more per
annum, is to remain firmly with the elderly
resident, and will be extracted, if need be, by the
local authority from his or her assets until they
are reduced to £10,000. It is still essential
to plan the protection of assets so that their
application to care fees remains a matter for the
elderly resident, or his trustees, not the local
authority. No other publication covers the subject
with such single-minded devotion to that purpose.
- Specification:
Residential Care Fees:
Defend
The Assets!
- First
published February 1999, revised and
reprinted, February 2000,
now
issued with a free eight page Supplement
updating to February 2001, taking account
of government proposals, and recent
cases.
- A5, 96
pages, over 40,000 words set in ITC
Officina Serif and Times New
Roman.
- 250gsm
gloss laminated card cover, perfect
binding, title on spine.
- rrp
£9.99 plus postage of
£1.00 per order.
- ISBN
09522762 5 9
Reviews:
"This book .... gives a clear
and comprehensible picture of the statutes and
regulations which govern the rights and
obligations of those obliged to meeet the cost
of care for the elderly in our community today."
"All in all, this book has to be essential
reading for anyone who is consultedby an elderly
client ..... to advise on the question of
preservation of assets." --- Scots Law
Times.
"....recommended ... a very
useful text... many private client practitioners
will be glad of it..." --- Journal of
the Law Society of Scotland.
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