A care home is running a free event offering advice on paying for care.
The session takes place at Water Mill House Care Home in Hemel Hempstead on Tuesday, April 21 from 6pm to 8pm.
Andrew Dixson-Smith from Eldercare Solutions, will be one of the speakers covering topics such as the government Care Act 2014 and what it means, financing long term care for those who are self-funding and advice for those looking for funding from the government.
He will also cover the tax implications of decisions relating to care as well as the selling of property.
Mr Dixson-Smith will be joined by Malcolm Muir of Penman Sedgwick LLP who will give advice on topics including writing wills and power of attorney.
Mr Dixson-Smith said: “Around 140,000 people go into care every year.
“43 per cent of these are self-funders with only 10 per cent of these seeking proper financial advice.
“There is a great deal of confusion about many elements of the new Care Act and our aim is to help clarify the key issues and help allay people’s concerns.”
Water Mill House Care Home manager Anna Marrah said: “Andrew is a member of an organisation called SOLLA – the Society of Later Life Advisors.
“Members are specifically qualified to advise on financial issues, including the options for funding care and developing care fees payment plans.
“Their membership of SOLLA is against very stringent criteria, with annual renewals to ensure they are able to give the best and most up to date advice.
“We are delighted that he will be with us.”
Entry is free but booking is advised.
Call 01442 899000 or email email@example.com.