Long Term Care Dover, Deal and Sandwich
Meeting the costs for paying for care can put a considerable financial burden on families and can even result in the dreaded sale of a much loved home. For example, the average residential care home cost in the Deal, Dover, Sandwich area is circa £39,000 a year and with the average stay at around three years. Paying for home care costs or long term care Dover, Deal or Sandwich areas can be substantial.
Thanks to better medical care and healthier lifestyles, we have the prospect of living longer. But while an increase in life expectancy may seem like good news on the face of it, it has to be recognised that there are a number of financial implications that go with it. We are able to discuss various options including Care Annuities and Deferred Payment Scheme.
There are benefits that are not means tested such as, Attendance Allowance and Disability Living Allowance and we are able to offer you advice as to whether these could be available to you. Depending on your circumstances you may qualify for funding from the NHS or even your Local Authority. Even if you do, the amount you receive may not be enough to complete your care costs, either at home or in a care home. If this happens, you will need to think about how you could top up any contribution or if you have to pay for it yourself. This all depends on your health or mobility, what level of health and support you need, the value of your savings, assets and income.
Providing advice for elderly clients and for those concerned with planning for their future well-being, is an extremely complex area requiring specialist knowledge and qualifications.
Vanessa is an accredited member of Society of Later Life Adviser (SOLLA). SOLLA members are specialists in advising older clients on financial matters and follow a strict code of conduct. SOLLA is a ‘not for profit’ organisation which aims to ensure that consumers are better informed about financial issues in later life, and can find an Accredited Adviser.
Call us on 01304 268301