A SOLIHULL lawyer has issued an alert on the Government’s social care announcement.
Emma Harrison, director of wills and estate planning at HCB Solicitors Group, says people should guard against thinking that once they have spent up to the new £75,000 cap there will be no other costs to pay.
The Government announced that they will limit the amount anyone has to pay for care during their lifetime to £75,000 but that does not include what are known as ‘hotel costs’ which include accommodation and food.
Emma said: “The cap only relates to the social care element and so people will need to take appropriate specialist advice on how best to protect their assets against erosion if the need for care should arise at home, in a residential or nursing home.”
The cap is not intended to be retrospective, says Emma, so those already in care will not see an offset against the payments they have already made.
“The majority of self-funders will continue to be self-funders even after their care cap has been exhausted”, she said. “It makes sense for everyone to make sure they don’t get caught in the social care trap of thinking this cap will solve all cost issues – it doesn’t.”