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An analytical study of methods to protect assets from long-term care costs
Author(s)Lynn Walker
Journal titleEAGLE Supplement, issue one, 1998
Pagespp 4-8
KeywordsAssets [elderly] ; Means testing ; Consumer protection ; Organisation of care ; Services ; Health services ; Long term.
AnnotationThis 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 NumberCPA-980902225 A
ClassmarkJD: JF4C: WYP: P: I: L: 4Q

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