Funding Your Care
Expert lawyers specialising in funding your care
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Funding your care - What should you consider?
It’s important to have the right specialist advice, whether it’s to help navigate the complex and sometimes daunting issues of care costs and choosing a care home or understanding the legal issues around Wills, Trusts and Lasting Powers of Attorney.
We have expert lawyers specialising in continuing care and can give you the legal advice you need to navigate the UK’s complex elderly care system.
How can Goughs help with care home fees?
The rules around care funding can be complicated. It is vital that the correct processes are followed to ensure the person needing care receives the full benefit of any help they may be entitled to. Goughs can provide advice on what assessments are required and can also assist with the completion of care funding applications.
Popular questions about deeds of variation
If the Will was written a long time ago, or there was no Will, the distribution of assets may not provide for the best result for the recipients. For example, there could be others who are in greater need of the funds, to save tax by giving additional assets to charity, or to redirect assets qualifying for inheritance tax relief. The most important thing to remember is that there is a two year time limit from the date of death to prepare a post death variation.
In cases where there was no Will and the estate was passed using the rules of intestacy, again the recipient of any assets, may wish to look at redistribution of them.
A solicitor can help navigate the complex laws surrounding what happens with a person’s estate on their death.
We strongly advise against writing a Deed of Variation yourself as there are likely to be complex legal and financial tax implications if you don’t get it right.
At Goughs solicitors, our team of specialists have expertise in tax, Trusts and estates and have years of experience helping people change a Will after someone’s death. We can advise you on the best course of action no matter how simple or complex your requirements.
For more information on Deeds of Variation, please click here.
Alternatively, if you would like to make a Deed of Variation, please speak to our specialists today.
Our clients rate us as excellent
Legal 500
Client orientated; they ensure the client is well informed with easy to read documents.
L C, Devizes
Our Wills were dealt with efficiently, we have already recommended your firm to our daughter and husband. Absolutely brilliant – thank you.
Sue Greenman
Everything was completed professionally and within my tight time scales. I would like to say thank you and would definitely go back to Goughs should I need help in the future.
Legal 500
Goughs gives outstanding customer satisfaction. They are very approachable, reliable, courteous and informed. I would recommend Goughs to anyone.
R F, Melksham
Great service, professional, great communication and handled what was a very sensitive situation with care and compassion.
W D, Calne
Professional, helpful & knowledgeable service. Giving very clear advice in a way I could understand. Thank you.
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