Preparing Your Estate For UK Inheritance Tax & Nursing Home Fees

The following article is very interesting on the matter of financing nursing home fees. Despite the media circus around the proposed changes, the minimum level at which the Government pays all of the nursing home fees is still dismally low and will only mitigate losses from estates rather than eliminating huge losses to one’s estate. As always the wealthy who have the money to get the best professional advice to structure their estate to mitigate such expenses. Fixing an appointment with a firm of independent financial advisors like Wexdon Financial Services can help you prepare your estate for your UK inheritance tax liability and investigate insurance solutions to mitigate the potentially financially devastating impact of paying for nursing home fees.

This information is intended to provide a general review of certain topics and its purpose is to inform but not to recommend or support any specific investment or course of action. The tips may not apply, or be suitable, to everyone and you should contact us for advice if you are unsure whether this is the case.