May 2017

Tory manifesto – more will have to pay for their own care

So, a person’s property would no longer be a disregarded asset if they need care in their own home?  But everyone will be allowed to keep £100,000 of their wealth to pass onto their beneficiaries?  https://www.theguardian.com/society/2017/may/17/theresa-may-conservative-tory-policy-older-people-pay-for-social-care.  The devil will be in the detail for sure.

There is no mention that we can find of whether tariff income will still be charged when a person’s capital reaches this proposed new £100,000 limit and, if so, whether the lower capital limit will…

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