Let’s be clear; there is no fool-proof, guaranteed way of avoiding the value of your house being taken into account for means testing. Anyone who tells you otherwise is wrong or dishonest. Sadly, there are lots of unregulated businesses out there – who are not solicitors – who do not put your interests first. Have a look at this recent report on the BBC news website; http://www.bbc.co.uk/news/business-39589083
Anti-avoidance measures in the law allow some gifts to be ignored by the authorities, and even set aside by the Court. Bear in mind that the cost of care is going up, people are living longer and money is tight. Our view is that local authorities will, if anything, get tougher in years to come and will look very carefully at what you have done.
If you have concerns about these issues come and discuss them with us.
How can we help?
If you have any enquiries regarding this then please contact our specialised will and probate teams at our offices. We have teams in Boston, Grantham, Lincoln, Newark, Sleaford and Spalding in which we will take time to listen to your enquiry in a friendly and empathetic nature. At Ringrose Law our motto is ‘where individuals count’. This is our core belief and we aim to make our clients feel valued from being first greeted by reception to speaking to one of our many fully qualified, experienced Solicitors. We know at Ringrose Law that satisfaction is linked to service, so we will always provide the best service we can to you as we know that is exactly what you expect when you either make a phone call to us or walk through the door of one of our many branches.