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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