Overview

As people live longer, the cost of providing long-term care is becoming increasingly worrying both for the elderly themselves and for their families. This new addition to the Simplified series explains in practical terms how to plan and provide for long-term care - either for yourself or for someone else. It includes advice on the various alternative solutions (and their costs), and suggests tax-effective ways of funding them, including coverage of different types of trust that can be used for this purpose. It also includes advice on how to protect your assets and avoid them disappearing in exorbitant care-home fees. With careful planning it is not necessary to lose your home (and forfeit your children's inheritance) in order to pay for care. This books shows how.

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9781852527334

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