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Living with support

Financing accommodation and care

Long term care provision is a topical subject these days and with good reason.

Information provided by the Association of British Insurers makes for some sobering reading and suggests that the topic will become even more prevalent in the years ahead:

  • Over the course of the next 50 years it is expected that the amount of people in the age group 65-84 will rise by approximately 41%. This suggests an additional 3.31 million people will fall within this bracket.
  • Both men and women, on average, now live around 7 years longer than they did 40 years ago.
  • At the moment, there are around 420,000 adults living in residential care homes.
  • Figures suggest that around 750,000 people in the UK are suffering from some form of dementia and this is expected to rise to around 1.5 million by 2050.

With these statistics in mind, it's important to think about how you might fund care if you need it in the future.  When care is needed, costs are brought sharply into focus, and it is possible to structure your finances in a way which provides you and your family with peace of mind.

Colin Morton

Colin Morton

Neither myself or my wife Hannah are getting any younger. Just lately, I’ve noticed a change in her. Friends have taken me to one side and said she seems a little fragile. Maybe it’s time we got some help.

Hannah Morton

Hannah Morton

Since we got married back in 1957, Colin and I have been so happy. I’ve never wanted for anything, nor have the family. However, just recently I’ve started to feel a little forgetful. Plus, Colin’s worrying about our affairs.

Clear advice

Our advice focuses on two aspects.  The first is understanding what costs are at the moment and are likely to be in the future.  The second is structuring your finances to meet those costs.

Our team is experienced in both areas, and one of our unique qualities is that we have a team which includes financial advisors who are qualified to give advice on long term care.

Benefits we bring

Our team is made up of people with different skills.  Our solicitors make sure that all of the legal aspects are covered, and they are supported by a team which has considerable experience in managing elderly clients and the issues they face.  We also have a team of financial advisors with specialist qualifications in funding long term care.  The team approach ensures that you and your family get clear and straightforward advice, and gives you peace of mind.

Our approach to fees

We offer a range of advice services for our clients, each of which has its own clear fee structure. Circumstances can change quickly, but we will always be transparent about fees and prior to starting work, we will agree a written cost with you for the proposed advice.