When One Partner Needs Care - Financial Arrangements, Benefits & Property

Introduction

When one partner in a couple needs care, arranging finances and understanding who is responsible for what can become increasingly complex. Practitioners need to consider how the couple’s finances should be structured, when accounts may need to be separated, what benefits may be available and when local authority funding can be accessed.

This practical new virtual classroom seminar will explore the key financial and legal issues that arise when care is required, with practical examples of how arrangements can be made both when care first begins and where care has already been provided for some time. It will also consider the treatment of jointly owned property, including the issues that arise when a property needs to be sold or a couple needs to move home and what authority may be required to deal with the property.

The session will provide practical guidance to help advisers navigate these often sensitive and complex situations.

What You Will Learn

This live and interactive session will cover the following:

• How to arrange finances between a couple
• When and how to consider separating accounts
• Understanding who pays for what
• What benefits may be available and who can claim them
• When local authority funding may be available
• How to deal with the sale of a jointly owned property
• What to consider in relation to wills

Recording of live sessions: Soon after the Learn Live session has taken place you will be able to go back and access the recording - should you wish to revisit the material discussed.