How to Estimate Your Care Home Fee Costs

You may already have heard about the arguments for holding on to substantial savings later on in your life. If you have some money, you’ll be liable to pay towards care home fees. If you have no savings, the fees will all be paid for you, but what is the reality, today? You will want a great sense of security when you are older and in need of a good quality care home. You have to consider both the cost of the accommodation and the actual care, as local authority funding often covers just the nursing and care needs, rather than your accommodation, haircuts and daily newspaper. As it currently stands, if you have assets of less than £23,500, you will qualify for state help with your care home fees.  From April 2016, the rules will change considerably. Under the next set of rules, you may be able to defer your costs. The local authority (and some do this already) may allow you to take out a loan to cover your fees, with the capital and interest repaid on your death, from your estate, whether that’s your home and savings or any makeup of your funds and ownership. The threshold will increase to £118,000 which means that you can hold those funds before paying for care. Second, you will only have to pay lifetime fees of £72,000 towards basic care home costs, but still be liable for your accommodation, haircuts and newspapers. These changes mean that there will no longer become a complete drain on your funds if you hold assets over these levels. There is a limit to how much you are expected to contribute, although those figures are completely unknown and can only be a best guesstimate. Insurance companies will find it easier to understand the level of cover and premiums required to cover your potential care home fees. By planning ahead and having your will written correctly, you can mitigate your potential care home fees, considerably. You should seek advice as soon as possible. Contact us and we’ll direct you to the right people to help you. These individuals will be from outside our organisation, but are trusted by us in presenting the best possible alternatives to our clients. We, of course, will help you set up your pre-paid funeral as part of your overall...

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Funeral Blues (Stop All The Clocks) Poem

This Poem, ‘Funeral Blues,’ often better known by it’s first line, ‘Stop All The Clocks,’ by WH Auden, was famous before it appeared in the film, ‘Four Weddings And A Funeral,’ being read by actor John  Hannah, playing the part of Matthew. Stop all the clocks, cut off the telephone, Prevent the dog from barking with a juicy bone, Silence the pianos and with muffled drum Bring out the coffin, let the mourners come. Let aeroplanes circle moaning overhead Scribbling on the sky the message He Is Dead, Put crepe bows round the white necks of the public doves, Let the traffic policemen wear black cotton gloves. He was my North, my South, my East and West, My working week and my Sunday rest, My noon, my midnight, my talk, my song; I thought that love would last for ever: I was wrong. The stars are not wanted now: put out every one; Pack up the moon and dismantle the sun; Pour away the ocean and sweep up the wood. For nothing now can ever come to any good. Wikipedia, says about the writer: Wystan Hugh Auden  21 February 1907 – 29 September 1973), who published as W. H. Auden, was an Anglo-American poet, born in England, later an American citizen, and is regarded by many critics as one of the greatest writers of the 20th century. Funeral Blues (Stop all the clocks) is copyright W H Auden, 1937 and if often requested as part of an individual’s funeral...

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Why Do People Treat the Elderly so Poorly?

On 21st February, 2014, the Daily Mail, in England, printed several stories that highlighted the terrible way that several elderly people had been treated by friends and family. As these stories include several legal cases with some still running in court on this day of writing, you should note that not all of the people may be guilty of the offences they have been charged with, so it is up to the reader to check the outcome of each court case that they wish to pass comment on. This article is more about the problems that exist in society rather than discussing the  circumstances of a particular court case. Some of these people involved may be innocent or guilty and it is up to the courts to decide. Case one A person constantly told their boss that their father had died to try and obtain three weeks off work. They also produced a fake death certificate to help ensure a period of compassionate leave which they wanted to start on New Year’s Eve. Details here Case two A pensioner owned a property worth around £1.8 million, but was talked into selling it for just over half the price to the estate agent’s property developer brother-in-law. Details here Case three One lady didn’t try to find work, it was suggested, because she was waiting for her mother’s inheritance. The mother in question, changed her will on her deathbed and cut out the daughter who hadn’t worked for several years. The daughter is now asking the judge to change that will because she claims it was updated in a manner that suggested the will was invalid. Details here Case four One businessman read a eulogy at a close friend’s funeral, before he stole the entire pension fund from the widow. This fraudster admitted to 22 charges of obtaining a money transfer by deception with up to 50 people being fleeced across 12 years. Details here In all of these cases hundreds of thousands of pounds were involved and even in the final case where the man admitted to fraud totalling £1.6 million, the police believe the scam was worth more than £3 million. These court cases prove that it is essential for individuals to have their wills written, signed and witnessed correctly and where there is any doubt of the state of mind of the person completing their will, medical evidence is required to confirm the...

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