How to Avoid Care Fees
Determine if you are eligible for NHS funding.. Total your savings and assets.. Contact the social services department of your local authority.
Steps
Determine if you are eligible for NHS funding.
Determine if you are eligible for NHS funding.
Total your savings and assets.
Total your savings and assets.
Contact the social services department of your local authority.
Contact the social services department of your local authority.
Complete a needs assessment.
Complete a needs assessment.
Find out your contribution to care fees.
Find out your contribution to care fees.
Stay in the care home for at least 12 weeks.
Stay in the care home for at least 12 weeks.
Apply for the deferred payment scheme.
Apply for the deferred payment scheme.
Provide financial information to your local authority.
Provide financial information to your local authority.
Review the terms offered to you.
Review the terms offered to you.
Discuss the deferred payment scheme with your family.
Discuss the deferred payment scheme with your family.
Complete the paperwork to enter the scheme.
Complete the paperwork to enter the scheme.
Estimate the cost of your long-term care.
Estimate the cost of your long-term care.
Evaluate whether renting is the best option for you.
Evaluate whether renting is the best option for you.
Determine how much equity you can release from your home.
Determine how much equity you can release from your home.
Discuss your property options with close family members.
Discuss your property options with close family members.
Consult an equity release advisor to find an equity release loan.
Consult an equity release advisor to find an equity release loan.
Hire a local property agent for help with renting.
Hire a local property agent for help with renting.
Reserve space at a care home before you rent your house.
Reserve space at a care home before you rent your house.
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