Libby Holding: Can estate planning help tackle care fees?

clock • 4 min read

Residential care fees are a hot topic at the moment, says Libby Holding, with increasing media coverage of people who have had all of their life savings and assets swallowed up by care fees in their later years...

Against the background of an ageing population - and an increasing awareness of the fact that more people are requiring care - the issue of residential care fees is often at the forefront of clients' minds. Subsequently, many are understandably concerned that the value of their assets will go towards paying for their care, rather than being passed to their children or loved ones, as they would wish. The cost of care can vary greatly depending on where in the UK the person requiring care is based; generally, care in Greater London and the south of England costs significantly more than ...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Tax planning

Government consults on 'mansion tax' proposals

Government consults on 'mansion tax' proposals

Deferral scheme and exemptions outlined

Sophia Panayi
clock 19 May 2026 • 3 min read
Costly procrastination: Why inheritance tax is becoming a wider UK problem

Costly procrastination: Why inheritance tax is becoming a wider UK problem

'There is a clear disconnect between awareness and follow‑through'

Hugi Clarke
clock 14 May 2026 • 4 min read
Most millionaires would pay higher taxes to support young people – research

Most millionaires would pay higher taxes to support young people – research

79% willing to pay higher taxes

Sophia Panayi
clock 13 May 2026 • 3 min read