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Meet experts on care costs at free presentation evening

investment advice

investment advicePeople concerned about the cost of their care are being invited to a presentation in Palmers Green later this month.

Experts in wills, care fee planning and power of attorney will be amongst the guest speakers at the “free to attend” evening.

The event is being organised by Ken Waterhouse, managing director of Home Care Preferred, a provider of care at home who are based in Winchmore Hill.

“We decided to organise this event after a similar successful evening last year” Ken explained.   “I am delighted to be working with experts in their fields such as George Ttouli and Ashton Grace. These professionals  can be a real benefit to people who are faced with confusing choices, often at a time in their lives when they are presented with deteriorating health”.

financial planningThe government commissioned 2011 Dinot review looked at the funding of care and support and concluded that the current system was in urgent need of reform.  It described it as “hard to understand, often unfair and unsustainable” and left people “exposed to potentially catastrophic costs with no way to protect themselves”.

“People need to be aware of what benefits they are entitled to and also how to best fund their care, maybe using a combination of benefits and personal assets and savings” said Ken.

The government announced last month that care costs for the elderly would be capped at £75,000 however there are a number of caveats that need to be studied in more detail.

“Typically people sell their homes to pay for residential care fees” explained Ken, “however it is possible for people to be supported  at home and retain the family house when they opt for live-in care.  We are seeing more people successfully staying at home and the benefits of familiar surroundings and one-to-one care are enormous” Ken concluded.

Anyone wishing to attend the evening, which is being held on Monday 18th March, 6.45pm at Ruth Winston Centre, 190 Green Lanes (near the triangle), Palmers Green, N13 5EU should contact Ken Waterhouse to reserve a free place.  Tel: 020 8364 3670 or [email protected]

Places are limited so please register early to avoid disappointment.

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