Wednesday, 28 January 2015

How £72,000 becomes £152,000 - The truth about Care Costs

The BBC have published an online calculator which gives a real insight into the truth behind the Governments £72,000 care cost cap.

cost of care
The Calculator, which can be found here http://www.bbc.co.uk/ allows people who might have upcoming care needs to calculate the real costs including the 'Hotel' fees that would be incurred in reaching the £72,000 cap.

I tried the calculator for myself earlier in the day and found that in reaching the £72,000 care cap I would have spent £152,000 from my own pocket before the state started to help.

The calculator is a real eye opener and it highlights the need for professional advice and planning for potential future care.

If you need to know more, call us on 01778 382723 or see our website www.will-probate.co.uk and we will arrange an appointment with one of our advisors.