Self Funded Care Planning

Later Life Choices specialise in advising those facing the prospect of paying for long term care, either for themselves, on behalf of a loved one or as a professional attorney or deputy. 

Our service is initially one of guidance and ensuring that a client understands their options depending on their circumstances. Sometimes all that is needed is a little push in the right direction. However, where a client is deemed to be a “self-funder” we use our expertise as financial advisers to provide a concise and detailed report on the funding options available to you. The details of the service is illustrated overleaf. 

We pride ourselves on being fully independent advisers, giving you the confidence that the whole of the market is researched before any necessary recommendations might be made.

 

Our service involves simple steps to provide each client with the assistance they need:

Initial Meeting


This can be held at our office or a location of your choice and is usually provided entirely at our expense. We discuss your particular circumstances and take time to understand how much help you may require. Simple guidance may be given here if that is all that is needed. Should any formal planning be needed we will disclose any potential fees and give you time to decide whether to instruct us.

Fact Find and Comprehensive Report


We will take full details of your financial situation, state of health, assets and income in order to compile a comprehensive report which will include the following:


•    Calculation of the income shortfall and details of state benefits that may have been over-looked.
•    Information on the importance of Wills, Power of Attorney and any potential Inheritance Tax Liability.
•    Whole of Market Research and comparison of the possible funding solutions open to you (cash vs investments vs annuities).
•    A full recommendation, where appropriate, as to the most suitable funding strategy and details of any costs.

Implementation and On-going Advice

 

Should an investment be part of the funding solution, we will provide on-going monitoring, regular valuations with face-to-face reviews.
 

Regent House

Mitre Way

Battle

East Sussex TN33 0BQ

T: 0800 195 1066

M: 07925010865

help with care, care fees, nursing home costs, independent financial advice, IFA, SOLLA, pay for care, pension, inheritance, equity release, retirement, east sussex care, NHS continued healthcare, power of attorney, care funding, drawdown

  • Facebook Social Icon

Later Life Choices is a trading name of Prism EBC Ltd   which is authorised & regulated

by the Financial Conduct Authority.

Registered in England and Wales No. 9171884.

Regent House, Mitre Way, Battle, East Sussex TN33 0BQ. 

Jeremy Over is an accredited Later Life Adviser and member of SOLLA.