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How to Best Avoid Care Home Fees

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When the time comes to start thinking about and discussion Care Homes for your parents or loved ones, there are so many things to consider. This can be a quite emotional and scary time for some, but it is really best not to avoid looking at the potential issues involved to make sure that you are going to be able to provide your loved one the best possible care for the best possible costs.

The number one thing to do is to make sure that you know your rights. There is much confusion out there regarding home care fees and who pays what, so taking some time to research what it is that your options are, can end up making a massive difference over time.

Next is to understand exactly what kind of financial situation your loved one is in. Know that depending on what their net worth is, they will be able to qualify for extra help from the Local Authority that will reduce the amount per year you or your loved one will have to pay towards the care home fees.

Also, check with NHS, as they can be a source of a great deal of information, and it is possible that they will be able to cover the vast majority of home care fees, if your loved one is eligible for them. Some of the eligibility is determined on the health of your parent or loved one; others are determined on their net worth, so explore all of the options that are available.

It is also good to take into consideration if there have been savings put aside over the course of your parents or loved ones life for exactly this purpose. Or, if they have invested in a policy which has been specifically made to take care of any care home fees, which also will be able to pay for the costs of a care home without adding any additional financial burden.

Once you have taken all of your options into consideration, it is then that you will be able to make the best and most educated choices for your parents or loved ones in taking care of their care home situation without any extra financial issues.

This article is provided by Cheselden, a leading care home claims company. For a free and no-obligation assessment on your own situation and to see if you qualify to reclaim care home fees with Cheselden, please contact them for more information at cheselden.co.uk/.

Category: Investing
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    March 7, 2013 at 5:48 pm
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    We’d almost completed a house but needed to back away since the schools rating dropped lower badly from 7 to fiveOr10

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    3. 1980’s built. It’s an attached condo. 3BHK. Rooms have decent size. Does not possess a garage. Not far from shopping, cinema, my husbands office is simply right next door. This home comes underneath the 10/10 school district and that one includes a condo fee of 320 dollars. The cost is 168K

    Now here comes the confusions. My spouse and i are actually confused being unsure of how to proceed and which to select. We should also pick one one of the three because we have undergone all possible websites and that we ahve seen lots of houses and that we feel only these 3 houses remain on the market in the region as well as which suits our budget. We will not purchase a home in excess of 300K because we simply possess a single earnings. Really whenever we began our search, our budget only agreed to be 175K but when we would like a house within the 10/10 rating school then we have to spend atleast 270K, thats how our budget elevated.

    1. We loved the very first home. The outdoors looks beautiful. But we’re worried that it’s 1960’s built. All of our buddies are purchasing houses which are built-in 2012 and 13. Does years really matter as lengthy as the house is well-maintained. Are we able to not sell a house that’s 1960 or 65 built to another fifteen years? The house includes a pool. Personally i think it really is hard to conserve a pool. Needs lots of money and time. My spouse and i are lazy people. The bed room dimensions are small. Will the matter a great deal. Are we able to not market it due to this reason? Is definitely an independant home hard to maintain? Will it need lots of money also?

    2. Exactly the same questions as 1. Is also it vital that you make our children study inside a school which has 10/10 rating or perhaps is a 7/10 rating school also good?

    3. We’re also thinking about a flat since it is straight forward. We do not need to be worried about the outdoors maintenance, everything is going to be taken proper care of through the association but my hubby does not are interested a flat while he feels that people just own the home and little else. We dont own the land or anything. Also he feels its a waste giving 320 for that condo fee.

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    August 18, 2013 at 4:40 am
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    August 20, 2013 at 3:51 pm
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    October 8, 2013 at 8:44 am
  • Caltel T says:

    I wish to be a care home manager later on.

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    November 4, 2013 at 4:01 am
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    November 19, 2013 at 4:01 am
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    December 7, 2013 at 1:22 pm
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    January 3, 2014 at 4:27 pm

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