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Saving for future care needs

by Andrew McGinley | Nov 30, 2020 | Financing care, Planning ahead, Understanding care

Please note: this article was not written by a financial or legal specialist, and does not cover every circumstance. Please consult a specialist before making any financial or legal decisions.  You may qualify for full or partial funding towards the cost of a care...

Financial products for care

by Andrew McGinley | Nov 30, 2020 | Financing care, Planning ahead, Understanding care

Please note: this article was not written by a financial or legal specialist, and does not cover every circumstance. Please consult a specialist before making any financial or legal decisions – read more here about the process and benefits of consulting a care...

Long-term care insurance

by Andrew McGinley | Nov 30, 2020 | Financing care, Planning ahead, Understanding care

Please note: this article was not written by a financial or legal specialist, and does not cover every circumstance. Please consult a specialist before making any financial or legal decisions.  Pre-funded long-term care insurance provides a regular income which can be...

Paying for care using your property

by Andrew McGinley | Nov 30, 2020 | Financing care, Planning ahead, Understanding care

Please note: this article was not written by a financial or legal specialist, and does not cover every circumstance. Please consult a specialist before making any financial or legal decisions.  Selling your home is one of the most common means of paying for a care...

Attendance Allowance

by Andrew McGinley | Oct 27, 2020 | Financing care, Planning ahead, Understanding care

Attendance Allowance is a tax-free payment available to older people living with a long-term illness or disability, designed to help with the costs of washing, eating or dressing. Criteria for receiving Attendance Allowance In order to be eligible for Attendance...

Personal Expenses Allowance

by Andrew McGinley | Oct 27, 2020 | Financing care, Planning ahead, Understanding care

Personal Expenses Allowance (PEA) is a weekly amount of money that people receiving local authority-arranged care in a care home get for their personal needs. It’s a way to protect all of a person’s money from being taken into account when paying care home fees,...
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