Paying For Long Term Care

Here at Corcillium Wealth Management we know just how painful the current cost of living is hurting people financially and we understand that our prospects and customers are being financially squeezed from all angles.

When a elderly relative has difficulty with mobility or health you are faced with little or few choices on which way you can turn to support their care needs financially.

Long term care has a number of options like in home care provided by a relative or a professional company that offers in home care services. The other option is to place the person in a care home where they will be looked after by trained experts and staff. The cheaper option here may be to use a home care help company that charges by the hours they work rather than a care home where costs are for 24 hours per day. This will depend on a number of factors and we advise all of our customers to get the answers to their questions first.

When planning long term care you will also need to look at your finances in the short and the long term to support your loved one. Offering independent financial advice our team can help advise and guide you on what may be best for your own personal circumstances.

You may also find that the person that needs care has their own finances that could help support their care needs so getting expert and independent financial advise will be a good move initially.

Corcillium Wealth Management offer independent financial advice for exactly this type of unexpected turn of events and are ideally positioned to give you the right advice. Why not give our team a call today on 01483 654135 to find out more about our services and how we can help you.