How to fund long-term care is a big consideration when looking at home care options. Depending on your personal circumstances, there may be public funding or benefits available to you, or other financing options.
Most of our customers fund their care privately or via direct payments. If you’re funding care yourself, we do recommend that you first research whether any benefits are available to you. We’ve provided a wealth of advice here to help you get started and point you in the right direction.
Other funding options you may want to consider include releasing equity on your home or purchasing an immediate needs annuity. We also get asked many questions around lasting power of attorney and other asset-related matters.
Call us today if you’d like some advice on your funding options. However, we do also suggest that you speak to a financial advisor who has care fee planning knowledge and experience.