For most people, a solution can usually be achieved by using a Care

   Fees Payment Plan (CFPP) to cover the shortfall between their income

   and the care fees required. This has a number of valuable advantages:

• Peace of mind, that the benefit is guaranteed to be payable for life helping you to meet rising care costs, indefinitely.

• Because the benefit is paid directly to a registered Care Provider

           this will be completely tax free and will not affect any allowances

           you may be receiving.

• Increase options are available, to offset future increases in care fees.

• The premium is calculated on the personal details of your health,            rather than just based on a general rate for your age group. For           people who need help with the ‘Activities of Daily Living’ this will           generally mean that a lower premium would apply, compared to

           an annuity for a person in full health.

• Where the total assets and capital exceed the Inheritance Tax (IHT)

         limit, making a payment to a CFPP will immediately reduce the level

         of assets liable to IHT, leading to a potentially significant saving in Tax.

Because the costs are specifically determined by your personal circumstances

(e.g. health conditions, level of care needed etc.) it is not possible to give you

an accurate immediate quotation. However, please see our “Case Studies”

for an indication of how the finances worked for 2 of our recent clients.

To determine whether a Care Fees Plan is suitable for you, we research the market for the most competitive costs and then prepare a financial plan

outlining our recommendations. The work we undertake in providing you

with the financial plan is FREE, and without any obligation on your part.

Only once you have decided that our recommendation best suits your needs, will we then go on to establish the CFPP, at which time our costs are then usually met by the commission payment from the Insurance Company issuing the CFPP

Please note that as the CFPP involves a Single Premium payment to the Insurance Provider, this will reduce the amount left in your estate.

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