Adele: HelloiTunesAmazon

Adele: HelloiTunesAmazon

Could you lose your house or inheritance to care home fees?

Could you lose your house or inheritance to care home fees?

Published at 4:00pm 6th February 2019. (Updated at 4:13pm 6th February 2019)

Newton's Solicitors Promoted by
Newton's Solicitors

The question 'how will care home fees be paid in the future?' is a commonly asked one. Now local solicitors are advising people to protect themselves and their families. 

  • The average cost of care in England is £611 per week (according to Age UK).
  • In the Stray FM area this can sometimes exceed £1000 per week. 
  • For nursing care this can result in costs of over £45,000 per year.

So it's understandable why people worry about paying for it. 

Where will the money come from?

How will it affect my spouses security, my children's inheritance or my property?

Grandparents with grandchildren
How will the future of care home fees affect your family?

 

Will I need to pay for care home fees?

As Newtons Solicitor Bill Neville explains, when an individual goes in to care, a financial assessment will be carried out by the local authority. 

This assessment will take assets, money in the bank, income and property into account

If, however, a property still has a spouse living in it this will be disregarded from the assessment. 

Anyone with an estate in excess of £23,250 will be expected to pay in full for care home fees. 

For estates worth £14,250 - £23,250, partial contribution will be required. 

For those with estates less than £14,250, there will be no requirement to pay for care. This will be funded by the local council. 

Elderly man and woman walking down footpath with blue skies
Local solicitors could help future-proof your inheritance and assets as much as possible.

Could a solicitor help you future-proof care home fee issues?

Local company, Newtons Solicitors, have been encouraging people to take a look at their plans for the future. 

Amendments made to property agreements, wills and inheritance could be hugely advantageous to you and your family in the future if somebody requires extra care. 

Get in touch with Newtons Solicitors for information, guidance and support with wills, inheritance and property.

Pete Egerton from Stray FM's Family Show talked to Bill Neville from Newtons Solicitors about care home fees and how you can protect your inheritance and property:

More family stories from Harrogate, Craven and Wharfedale.

Email Icon

Sign up for exclusive news, competitions and offers.
Proper Local News updates from Stray FM

Newer article

Bonkers bingo is coming back!

Business: Did you miss the last one?

Older article

Popular car showroom re-locates to Thorp Arch

Business: Buying and selling new and used cars.

Top articles

Police release images in Harrogate iStore robbery investigation

Harrogate, Craven & Wharfedale: Police have issued images of two males they would like to speak to following a robbery at the iStore in Harrogate.

Who framed Roger Rabbit animator Richard Williams dies aged 86

National: Oscar-winning animator Richard Williams has died at the age of 86, his daughter has confirmed.

Dozens feared dead or injured in explosion at wedding hall in Kabul, Afghanistan

World: Dozens of people are feared dead or injured after an explosion ripped through a wedding hall in the Afghan capital of Kabul.

Could backpacks be damaging your child's spine?

Lifestyle: Harrogate chiropractor offers expert advice.

Alexis Sanchez: Inter Milan and Manchester United hold talks over Chile forward

Sport: Inter Milan's representatives are in the UK to hold talks with Manchester United over the transfer of Alexis Sanchez, according to Sky in Italy.

Who framed Roger Rabbit animator Richard Williams dies aged 86

Showbiz: Oscar-winning animator Richard Williams has died at the age of 86, his daughter has confirmed.

WATCH: 43 Minutes of Queen in the 70s

70s: The band's team have put together highlights of the their early career including some iconic performances.

Private Harrogate health service putting money back into NHS

Business: Harrogate Harlow is based at Harrogate District Hospital.

WATCH: First look at Disney's Mulan live action

Harrogate, Craven & Wharfedale: In the remake of the animated movie, Mulan will try to bring honour to her family.

"It's a fantastic place": Harrogate cancer centre celebrates major milestone

Harrogate, Craven & Wharfedale: The Sir Robert Ogden Macmillan Centre at Harrogate District Hospital is marking its five year anniversary.

Hairy, spiky, round and knobbly cucumbers at Harlow Carr

Harrogate, Craven & Wharfedale: The recent hot weather's produced some unusual looking items.

Local school success in green poem competition

Education: To celebrate Stray FM's Green Month.

Yorkshire countryside voted happiest

Harrogate, Craven & Wharfedale: Relaxing in the garden and being on holiday also rated highly.

Top Party Dresses for the Festive Season

Christmas: Local Blogger, the Harrogate Girl, picks the best frocks, gowns and outfits for the big Christmas parties of 2017.

Beth Parsons leaves Stray FM

Stray FM Station News: A childhood listener who's dream came true is off to pastures new.

Delve into deliciousness at Mother Shiptons Inn

Test pages: We sent Stray FM's James Stanley to try out the new menu at Mother Shipton's Inn Knaresborough.

Which roads are closed in Harrogate Town Centre?

Harrogate, Craven & Wharfedale: Following this morning's fire, here's an update on the travel situation

Giant pork pie to welcome Championship cyclists

Harrogate, Craven & Wharfedale: Preparations are underway with under 40 days to go until the UCIs.

North Yorkshire districts among best places to live in UK

Harrogate, Craven & Wharfedale: Three parts of North Yorkshire have been named in the top ten places to live in the UK.

Poll

Is it too hot?
YES I AM MELTING
21.1%
Yes, I can't sleep
15.7%
I'd prefer it a bit cooler
21.3%
I'm not bothered
11.6%
No, it's just right
11.3%
Nope, keep going
15.2%
Hot? I've got a jumper on!!
3.8%

Trending in Yorkshire

Police release images in Harrogate iStore robbery investigation

Police have issued images of two males they would like to speak to following a robbery at the iStore in Harrogate.

Yorkshire man found guilty of being in possession of over 100,000 child abuse images

A male was found in possession of more than 100,000 child abuse images

North Yorkshire Police pay tribute to death of Berkshire PC

PC Andrew Harper died following a "serious incident" at around 11.30pm last night.

A climate emergency's been declared in Craven

Craven District Council pledges to be carbon neutral by 2030.

Harrogate sister to represent Great Britain in European and World Laser Run Championships

Great Britain will be represented by Harrogate sisters in competitions taking place in August and September

More news...