Course description
Clients will often seek advice on making gifts to avoid care fees or making wills with asset protection will trusts that ensure at least half of their estate will be inherited by the next generation. However, there are a number of practical considerations that you must make your client aware of when they choose these options.
Caroline Bielanska presents this live and interactive broadcast which surveys the various risks and rewards your client may be faced with. It will consider what happens if your client needs care and subsequent support from social services, whether the family must top up for the care they want, and much more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Clients frequently seek advice on making gifts to avoid care fees or make wills where they create an asset protection will trust to ensure at least half of their estate will pass to the next generation.
But what happens if the client then needs care and subsequent support from social services?
What if the local authority considers the gift of severance of joint tenancy as a deliberate deprivation and refuses to fund care? Can this be challenged, and will the local authority refuse to fund care?
Will the client get the type of care they think they should, and must family top up for the care they want?
This new virtual classroom seminar is aimed at fee earners who advise older and vulnerable adults, their family, attorney, or deputy on the making of gifts or wills.
What You Will Learn
This live and interactive session will cover the following:
- The current state of care
- Understanding the social care journey
- Topping up for better care
- Using the home as collateral for care costs
- The financial assessment of an interest in a trust
- Valuing a joint interest in the home
- What is a deliberate deprivation?
- What is not a deliberate deprivation?
- Can you make a gift when in receipt of care?
- Challenging a local authority decision
- The local authority recovery armoury and how it works
Expenses
MBL Seminars Limited
MBL is a leading learning and development provider for professional service firms. Over the past 18 years, more than 198,000 people across 23,000 different organisations spanning 81 countries, have chosen us to deliver their training. With over 800 expert speakers...