Planning ahead for your future

The future can be difficult to predict. However, shifting demographics and rising life expectancy mean that increasing numbers of us may have to rely on nursing and residential care in the future.

State funding is limited to those who need it most, and you may be concerned, as many people are, about your ability to pay for your future care home costs. If you require residential care, all of your income (pensions, interest on savings, dividends, etc.) apart from a small amount will be used to cover the care home costs. You would also have to pay the extra amount from your capital until it is reduced to the upper limit when Local Authority help is available.

Residential care home costs and planning – how we can help

At Nelsons, we can help ease the worry of residential care home costs by assisting you with your residential care planning. We can advise on the many options available, including:

Transferring ownership of your property
Inheritance tax planning
Powers of Attorney
Updating your Will
The creation of Trusts
Immediate needs care plans
Investment advice and management
Existing savings and investments
NHS care fee funding applications and disputes

Our team of experts in Derby, Leicester and Nottingham specialise in helping people take the right steps now to safeguard the future for them and their loved ones.

Our team is also recommended by the independently researched publication, The Legal 500, as being one of the top teams of experts in the country.

Testimonials…

"Nelsons Solicitors Limited has an extensive offering, with practitioners having experience of trust administration, Court of Protection work, investment management, wills and probate..."
The Legal 500
"The legal work has been excellent and on time. A major difference between Nelsons and other major law firms we have dealt with is that they focus on a personal touch..."
The Legal 500 2023
"...Knowing they are there and can check up on any changes we need to make on legal issues is comforting."
The Legal 500 2023 (Continued)
"Nelsons Solicitors Limited‘s reputable practice is a well-established player in the Midlands and acts on matters ranging from wills and estates, lifetime and tax planning..."
The Legal 500 2023
"...asset protection and care fee planning, through to trust structuring, with a focus on high net-worth individuals and those with international assets."
The Legal 500 2023 (Continued)
"Key strengths and capabilities in my opinion are: – the ability to visit clients at home which reduced anxiety for our family – professionals who are knowledgeable, approachable and respectful..."
Referee feedback provided to The Legal 500 2024
"...Clear and accurate information regarding the processes involved – Efficient delivery of paperwork, etc."
Referee feedback provided to The Legal 500 2024 (Continued)

Need advice concerning residential care home costs? Get in touch

For further information on how we can assist you with residential care home planning, please call 0800 024 1976 or contact us via our online enquiry form for a guaranteed response.