Put your trust in your property

As little as five years ago, most people that approached us for legal advice on the issues associated with ageing were interested in IHT planning. Now it’s almost 50/50 with clients and their families equally worried about, not just protecting assets over the nil rate band but also protecting assets, especially the family home, from the ravages of residential care costs. To place this into context, in the last 12 months over 20,000 pensioners were forced to sell their homes to pay for residential care. The number selling has soared by 17% since 2005, and figures show that a third of all ...