Meeting the costs of long-term care
Meeting care costs now or in the future is a challenge many of us will face, whether it is paying for care at home or moving to a residential or care home. It can be expensive to get the care we need, but there are ways to meet the costs without letting go of property or draining savings, such as securing care allowances or finding suitable annuities.
There is not a one-size-fits-all model when it comes to paying for long-term care. Nor is there consistency in the system: the cost of care homes tends to vary alongside inflation and demand, while the allowances and schemes available are also subject to change. This means it is important to give careful consideration to how care home fees will be met now and in the future.
Care Home Financial Advice in Scotland
At Davidson & Shirley, we stay ahead of all developments. This means we can help you explore all the available options and find a solution for meeting your own or a loved one’s care costs. It also means that while there are no guarantees about what the future will hold, we will be proactive in advising you about any forthcoming changes and help you to manage your arrangements so they remain fit for purpose.