How do you deal with Care Fees for a Loved One?
No doubt you are busy with many pressing matters and now a loved one is needing care. Not many of us have much experience of how to deal with and it’s a daunting time too. Big decisions need to be made and the Care Fees can be costly.
Did you know you have options? Not many people think there are different ways to cover the Care Fees. So what are the choices? What’s available and to whom? Do you qualify for allowances? Will your property be taken? Many people worry that the money will run out and then what? Did you know there is a plan that can potentially guarantee income for the rest of the person needing care’s life so you can have peace of mind and potentially protect the Estate at the same time.
I am a Chartered Financial Planner with specialist qualifications advising in Long Term Care Fee Planning including Equity Release Mortgages*.
I am also a Dementia Friend and a SOLLA Accredited Care Fee Planner. SOLLA is the Society of Later Life Advisers, an independent body, which is independently audited and endorsed by the Government Body, The Financial Skills Partnership. This means that I am in a position to advise older people on financial matters and to also offer elderly clients and their families peace of mind when advising them as it is a specialist area.
So, if you wish to explore your options with a professionally qualified specialist, contact me for a no obligation meeting.
Flora Stamato BA (Hons) APFS
Chartered Financial Planner
11 Hamilton Place Mayfair London W1J 7DR
Tel: 020 7744 5285
Mobile: 07814 423371
*To understand the features and risks of a Lifetime Mortgage, please ask for a personalised Illustration.
Flora Stamato Ltd is an Appointed Representative of and represents only St. James’s Place Wealth Management plc (which is authorised and regulated by the Financial Conduct Authority) for the purpose of advising solely on the group’s wealth management products and services, more details of which are set out on the group’s website www.sjp.co.uk/products. The ‘St. James’s Place Partnership’ and the title ‘Partner’ are marketing terms used to describe St. James’s Place representatives. Flora Stamato is a trading name of Flora Stamato Limited, which is registered in England and Wales No. 8830134. Registered office: 11 Hamilton Place Mayfair London W1J 7DR.