Long Term Care Planning & Advice

As East Sussex based members of both the Equity Release Council and the Society of Later Life Advisers (SOLLA), we have extensive long term care planning experience. We understand that this will be a difficult time for you with important decisions regarding finances and the type of care to provide for the person in need.

Clifford Osborne in Eastbourne has experienced independent financial advisers who specialise in long term care planning. We will guide you through the complex legislation and present you with a comprehensive report detailing all your options and the advantages and disadvantages of each option.

As well as Eastbourne, we meet with clients across the Hastings, Uckfield, Seaford, Crowborough, Newhaven, Lewes, Bexhill, Tunbridge Wells, Brighton and Hove areas. As a result of recommendations from current clients we are providing long term care fees planning advice well beyond the East Sussex borders too. To arrange a free initial discussion at your home, workplace or our offices contact us today.

Long-term care means the provision of services to help an individual, often (but not always) a senior citizen, with a chronic illness or disability who cannot care for themselves, or needs assistance with daily practical matters such as eating, washing and dressing. This kind of care can be given at the person’s own home or in a nursing or residential home.

Funding for long-term care is not straightforward, and there are several different ways it can be paid for. Depending on the type of illness and your financial situation, long-term care may be completely or partly-funded by the NHS or your local authority.

To make sure you qualify, your financial means will be assessed, with your income, savings, pension and value of your property all taken into account. Should you not qualify for funding, you would currently be expected to fund long-term care entirely by yourself, so it’s a good idea to think about how you would manage this.

Long-term care can be paid for out of your income, or assets, for example by releasing equity from your home. Alternatively, you may wish to protect your assets and any inheritance you would like to leave your family, by taking out long-term care insurance.

We will cover the following topics when we meet with a client or personal representative to discuss long term care planning:

  • The different types of care available
  • The legal power to act for the person needing care
  • The options available for funding care fees
  • Questions relating to the use of property and equity release schemes
  • Government legislation
  • The role and responsibility of the local authority
  • State benefits that are available and how to claim for these benefits if applicable
  • Estate planning including Wills and existing trust arrangements
“Paul provides a straightforward no nonsense approach to financial planning. An honest appraisal of risk versus age and all likelihoods examined in a sensible way. I like the way I can call Paul any time with a question and more formal sessions planned throughout the coming years. Efficient and professional.”
Chris, Eastbourne, East Sussex

Your Advice Steps

01 ➔

Contact Us

Call us on 01323 403 444 or contact us to set up a free initial meeting with one of our financial advisers or mortgage and equity release advisers. We’re happy to meet in person, on the phone or online. Just let us know what you prefer.

02 ➔

Get to know you

This will be a chat to find out a bit more about you, what your financial position and goals are and how we can help. This will be entirely confidential, and you are under no obligation to use our services. We will then give you a plan of what we can do to help.

03 ➔

Sharing your plan

Our advisers will talk through our recommended plan with you giving options to best meet your needs. We will take into account your current financial situation, your goals, appetite to investment risk and timeframes. You will have a chance to ask us any questions and then decide whether you want to go ahead.

04 ➔

Regular reviews

Your financial position will change throughout your lifetime. We are here to help you with regular reviews to make sure your financial plan meets your financial goals and current financial situation. We’ll agree with you when and how we meet on a regular basis to make sure your management plan is right for you.

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    We are not tied to any financial institution and therefore offer you truly independent advice

    A free, initial no obligation review meeting can take place at our offices in Eastbourne East Sussex, at your workplace or in the comfort of your home.

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