Expert long-term care financial planning
With longer life expectancy comes the greater likelihood of requiring care in old age, either at home or in a care home. Whether you’re considering your own potential needs or making arrangements on someone else’s behalf, it’s vital to get independent long-term care planning advice from qualified experts.
Our wealth planning team includes chartered and certified financial planners, fellows of the Personal Finance Society (the highest qualification awarded by the Chartered Insurance Institute) and advisers accredited by the Society of Later Life Advisers (SOLLA).
Certain members of the team hold an award in long-term care insurance – a formal regulatory examination required for an adviser to provide advice on long-term care planning. Our personal wealth planners are also truly independent, meaning they are not tied to any specific provider (not even us), so you can be confident they will always act in your best interests.
Specialist long-term care planning service
Your dedicated personal wealth planner will work closely with you and your other trusted advisers, such as your solicitor and/or accountant, to create a plan designed to maximise your income for care home fees, while maintaining your capital tax-efficiently for inheritance purposes and to see you comfortably through the rest of your life.
This will include:
- Lifetime cash flow modelling – looking at your current wealth along with your income and trying out different scenarios to see how they might work to pay for long-term care
- Detailed wealth plan - comparing this cash flow projection with your current situation, to develop a clear strategy to help pay for your later life care and look after your financial future
- Tax-driven investments - showing you how much income you could receive from investing your money, minimising your tax liabilities, and allowing for inheritance tax (IHT) issues that might affect your family
- Seamless personal service – managing the entire process for you, including liaising with the product providers, sorting out all the paperwork and keeping you updated on our progress. We can also offer probate services to help with estate administration.
Other wealth planning solutions
Comprehensive wealth planning
A full review of your finances, leading to a personal wealth management plan.
Inheritance tax services
Expert advice on how to mitigate IHT and effectively transfer wealth to the next generation.
Bespoke planning, pension advice and cash flow modelling to achieve the retirement you want.
More on long-term care planning
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Our Deputy Chief Investment Officer Justin Oliver, chats with Dan Mahony, Co-Head of Healthcare at active fund manager Polar Capital about the incredible pace of change driven by the pandemic and the healthcare investments trends emerging from it.Read more
IMPORTANT: Investment involves risk. The value of investments and the income from them can go down as well as up and you may not get back the amount originally invested. Past performance is not a reliable indicator of future performance.