With the scrapping of the £86,000 UK Care Cap by Chancellor Rachel Reeves on 29th July 2024, families across England face an uncertain future regarding care costs. Despite our ongoing petitions and efforts, the Autumn Budget confirmed that the UK Care Cap will not go ahead. This means that if you or a loved one requires care in the future, there is currently no financial limit to the amount that could be required to cover these expenses, putting homes and assets at risk.
What the UK Care Cap Decision Means for You
Without the UK Care Cap in place, people across the country are left vulnerable to significant care fees. We understand the stress this creates and are committed to supporting you in protecting your assets. In response to this announcement, we have connected with leading estate planning companies in the UK to offer free online estate planning reviews. These reviews provide guidance on how to secure your home from future care costs.
Why Estate Planning is Essential in a World Without the UK Care Cap
For many, care fees can reach between £600 and £2,500 per week, depending on the level of support required. With no cap in place, families with limited savings risk losing their homes to fund these costs. However, estate planning tools, accessible to everyone—not just the wealthiest—allow you to protect your home and assets effectively.
These estate planning reviews are offered completely free of charge and can help you understand options tailored to your unique situation. Our partner estate planners are providing online consultations to make this process as convenient as possible.
Secure Your Home: Book Your Free Online Estate Planning Review Today
Estate planning remains one of the best ways to protect what you’ve worked a lifetime to build. By taking proactive steps, you can shield your assets from being impacted by care costs in the absence of the UK Care Cap.
Now is the time to act. You can protect your home for less than the cost of one month in a care home by utilizing these tools. And with 1 in 3 people in the UK projected to need some form of care in their lives, the risk is real for all of us. Book your free online estate planning review today to secure peace of mind for you and your family.
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