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Planning for long-term care

Category Technical Articles
AuthorTechnical Department
Article by Mark Herson, Senior Tax Manager, James & Cowper, Newbury. This article appeared in the January 2004 issue of Tax Adviser. To download the article in Adobe (pdf) format, please click on the link below.

KEY POINTS

  • What is meant by long-term care and who provides it?
  • Who is eligible to obtain it from the state and who has to pay for it themselves?
  • What is the effect of gifting assets, how is property treated and what insurance based products are available to fund long term care?

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Technical Department
020 7235 9381

January 2004 by Mark Herson

 

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