Course description
The family home represents the single biggest asset that a person owns, often making them 'asset rich, but cash poor'. For those who develop care needs, the home is an asset that may be considered by the local authority in deciding whether they pay for their care, and also how they pay.
Join expert speaker Caroline Bielanska for this virtual classroom seminar which will consider how the local authority treats the family home financial assessment and when the local authority will enter into a deferred payment agreement, so the home does not need to be sold.
This session is suitable for fee earners who advise vulnerable adults, their family, attorney, or deputy.
Upcoming start dates
Outcome / Qualification etc.
Training Course Content
Introduction
The family home represents the single biggest asset that a person owns, often making them 'asset rich, but cash poor'.
For those who develop care needs, the home is an asset that may be considered by the local authority in deciding whether they pay for their care, but also how they pay.
This new virtual classroom seminar will consider how the local authority treats the family home financial assessment and when the local authority will enter into a deferred payment agreement, so the home does not need to be sold.
It is suitable for fee earners who advise vulnerable adults, their family, attorney, or deputy.
What You Will Learn
This live and interactive course will cover the following:
- When and how long the home is disregarded in the financial means test
- How the local authority values a beneficial interest in the home
- What if the home is a mobile home?
- Paying for additional care using the home as collateral
- Deferred Payment Agreements
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...