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Centre for Policy on Ageing | |
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An analytical study of methods to protect assets from long-term care costs | Author(s) | Lynn Walker |
Journal title | EAGLE Supplement, issue one, 1998 |
Pages | pp 4-8 |
Keywords | Assets [elderly] ; Means testing ; Consumer protection ; Organisation of care ; Services ; Health services ; Long term. |
Annotation | This is the first in a series of three articles discussing the pros and cons of various methods of protecting assets in paying for long-term residential or nursing home care costs. The author outlines legislation, the means testing of assets, and how couples' assets are assessed. Attempts at `deliberate deprivation' of assets for the purposes of avoiding home care costs are unlikely to succeed: the individual will be treated as still owning the asset, and a notional value will be added to the assessment. Local authorities' powers as regards charges for sale of property, and in the event of a resident's bankruptcy in recovering debt are also covered. (RH). |
Accession Number | CPA-980902225 A |
Classmark | JD: JF4C: WYP: P: I: L: 4Q |
Data © Centre for Policy on Ageing |
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...from the Ageinfo database published by Centre for Policy on Ageing. |
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