Long term care can be costly and it helps if clients prepare in advance. Graham Duffy looks at the situation
There are several different types of long term care, including sheltered accommodation, respite care and domiciliary care (i.e. care at home), through to care in a residential setting, with or without nursing. Most people however will associate care with domiciliary care, either delivered in their own home or in a residential home. If asked, most people would rather receive care in their own home but it is not always possible to provide this at a reasonable cost. When receiving care at home the value of one's property is not taken into account, but in broad terms all other assets are incl...
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