With one in four of us likely to need care in our old age, the issue of paying for care home fees has never been more common. Exploring options to reduce capital/savings/assets has become popular, including placing property into trust. Is this an attractive way of avoiding care fees? What is deliberate deprivation of capital?
For example, take a lady who is 78 who has mobility issues and is struggling with day to day living. After much deliberation, it is decided that a care home is