FIRST LEVEL

PROTECTION

In order to legitimately mitigate against care home fees we all have options & should all firstly make use of our basic principles of first level protection via an initial consultation.

  • Estate Planning Review - FREE!!

More below....

SECOND LEVEL

PROTECTION

Once First Level principles have been exhausted the next level of protection is to utilise prepaid Estate Planning tools. 

These products are available through IPS business partners.

  • Funeral Plans

  • Probate Plans

More below....

THIRD LEVEL

PROTECTION

The final level of planning involves utilising Estate Planning tools in order to maximise the protection of your Home & Assets.

Available together or individually.

  • Wills - FREE

  • Will Trusts

  • Powers of Attorney

More below....

Care Home Fees

FIRST LEVEL

PROTECTION

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In order to legitimately mitigate against care home fees we all have options & should all firstly make use of our basic principles of first level protection.  For instance, consider:

  • The Capital Threshold Limits available in your location.

  • Joint or Single ownership of  assets such as Bank Accounts & Property.

  • The availability & provision of adequate family care

  • Avoid products that encourage Deliberate Deprivation of assets

 

An Estate Planning Review can help you understand these principles and involve no additional product purchases.  It can simply be a matter of structuring and planning your estate, ahead of time, effectively.

Depending on location, our reviews are FREE! Contact us for details or an over the phone review.

SECOND LEVEL

PROTECTION

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Once First Level principles have been exhausted the next level of protection is to utilise prepaid Estate Planning tools.  These are costs that the estate will bear sooner or later.  For example, the purchase of 2 prepaid Funeral Plans at an average cost of £3,500 each, mitigates against care home fees as this money can then no longer be lost to Long Term Care Fees. 

 

The same principles apply to prepaid probate and these products can also save significant amounts of money for beneficiaries due to the costs of inflation as well as making a difficult process, when planned in advance, a lot less stressful.  At this second level, no additional products have been purchased as they are going to be purchased and paid for eventually. 

 

It’s simply a matter of timing and affordability.

THIRD LEVEL

PROTECTION

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The final level of planning, if still required, involves utilising Estate Planning tools & does involve product purchases in order to maximise the protection of your Home & Assets.

LASTING POWERS OF ATTORNEY

Appointing Attorneys allows them to make your financial & medical decisions should you become unable.  Without attorneys in place, the state will decide what happens to you and in turn this can affect what happens to your home & assets.  

WILLS & TRUSTS

As well as ensuring the correct & desired distribution of your assets upon death, Wills & Trusts include instructions to ensure a surviving spouse or partner is catered for financially whilst ring-fencing the deceased assets from 3rd party creditor attack.

ADDRESS

Inheritance Protection Services, Arrowe Road

Wirral, CH49 1RA.

Liverpool

Company Reg: 12480612

CONTACT

Tel: 0800 145 5104

Email: 

info@inheritance-protection.co.uk

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