Course description
People often opt to create a will trust or put an asset into a trust to reduce their liability for care. However, in the long term, this raises issues for if they do need care later in life and whether the local authority will provide financial assistance.
Caroline Bielanska presents this succinct and informative webinar which will elucidate this issue for fee earners who advise older and vulnerable adults, or their families, attorneys, or deputies, on the making of gifts or wills.
It will cover when the local authority is under a duty to provide financial assistance, whether a gift will be treated as a deliberate deprivation, and more.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
Many people will either create a will trust or put an asset into trust to reduce their liability for care.
But what then happens if they need care? Will the local authority financially help out?
This new webinar 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 webinar will cover the following:
- When is the local authority under a duty to provide financial assistance?
- When will a gift be treated as a deliberate deprivation?
- Can a severance of joint tenancy be treated as a deliberate deprivation?
- How will the local authority value an interest in jointly owned property?
- Can the home be used as collateral to fund care when it is jointly owned?
- Will the local authority fund care if the person has no tangible assets to pay for care?
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...