Protected Property Trust, Professional & Legal Services in Glasgow City Centre, Glasgow
It is well known nowadays that if you or your partner end your days in a care home the local authority will seize your assets to cover your care fees. Plans are in England now to cap the amount they will take from an individual at £86,000 BUT THERE IS NO CAP IN SCOTLAND. Currently, the annual cost of someone in care is in excess of £50,000.
This means that no matter how hard you have worked all your life to pay for your home and no matter how much you may have paid in Nation Insurance contributions over the course of your working life, the local authority will take your home if you go into care.