Asset Protection from Care Home Fees - A Discussion with Caroline Bielanska

Introduction

Many people will either create a will trust or put an asset into trust to reduce their liability for care.

But what then happens if they need care? Will the local authority financially help out?

This new webinar is aimed at fee earners who advise older and vulnerable adults, their family, attorney, or deputy on the making of gifts or wills.

What You Will Learn

This webinar will cover the following:

• When is the local authority under a duty to provide financial assistance?
• When will a gift be treated as a deliberate deprivation?
• Can a severance of joint tenancy be treated as a deliberate deprivation?
• How will the local authority value an interest in jointly owned property?
• Can the home be used as collateral to fund care when it is jointly owned?
• Will the local authority fund care if the person has no tangible assets to pay for care?

This webinar was recorded on 20th July 2022