Care Fees Consider Separate Bank Accounts

Care Fees Deprivation of Assets

Care Fees Means Tested Capital

Published / Last Updated on 17/06/2014

Video giving details of what money and assets are means tested for social and residential care. Details can be found in the Charging for Residential Accommodation Guide.

Related Videos

Care Fees Capital and Means Test Changes October 2025

Care Fees Capital and Means Test Changes October 2025

Changes to care fees mean testing, as suggested by the Dilnot report (2011) and subsequent Care Act 2014, have been resurrected and was supposed to come into force in ...

6m24d

Care

Deferred Needs Care Fees Annuity

Deferred Needs Care Fees Annuity

A Deferred needs annuity, sometimes recognised as a care fees annuity is a enhanced rate later life purchased life annuity with annuity payments deferred i.e., postponed for a fixed ...

8m28d

Care

Immediate Needs and Care Fees Annuity

Immediate Needs and Care Fees Annuity

An immediate needs annuity, sometimes known as a care fees annuity is a enhanced rate later life purchased life annuity. Purchased life annuities mean that you buy an annuity with ...

8m29d

Care

Plan Early For Care and Move In With Elderly Relatives

Plan Early For Care and Move In With Elderly Relatives

We had discussions with a potential client a few days ago as they were in their 80s and had sold their main residence and are looking to invest in ...

9m20d

Care

Ombudsman Guidance for Local Authorities on Care Fees Asset Deprivation

Ombudsman Guidance for Local Authorities on Care Fees Asset Deprivation

The Local Government and Social Care Ombudsman has issued guidance to Local Authorities in England when making decisions on whether a person has deliberately deprived themselves of assets to ...

> 1y7m

Care

Care Fees Draw A Red Line Down Your Home

Care Fees Draw A Red Line Down Your Home

Many times we have explained about the severance of joint tenancy option on your property. We now take a different tack to explain the message in a simpler way. When ...

> 2y3m

Care

MPs Vote To Weaken Care Fees Cap

MPs Vote To Weaken Care Fees Cap

Late last night, the government narrowly won a majority vote to make a small amendment to Article 49 of the Health and Care Bill. The amendment has been controversial ...

> 2y5m

Care

Social Care Fees Cap £86,000 Not What You Think

Social Care Fees Cap £86,000 Not What You Think

The social care fees cap i.e. the maximum you pay in your lifetime for care fees was announced this week at £86,000. It was originally proposed in the Care ...

> 2y7m

Care

Later Life Immediate Care Fees Annuity

Later Life Immediate Care Fees Annuity

Originally, the care fees annuity market fell away 10-15 years ago as many insurers were simply losing money and had limited claims experience for this sector. As we age as ...

> 2y8m

Care

National Insurance Increase to Fund Social Care Fees?

National Insurance Increase to Fund Social Care Fees?

It was in Boris Johnson’s electoral manifesto that he would reform how social care is funded in later life as well as introducing a care fees cap with Johnston ...

> 2y9m

Care

Spend Wealth or Gift Your Wealth in Your 60s and 70s

Spend Wealth or Gift Your Wealth in Your 60s and 70s

The reality of both care fees means testing and inheritance taxes is that if you build up wealth there is no guarantee that your loved ones will inherit on ...

> 3y6m

Care

Care Fees Means Test Limits 2020

Care Fees Means Test Limits 2020

We explain the care fees means test limit changes that were changed in the Care Act 2014, postponed in 2016 and effective April 2020....

> 5y7m

Care

Care Fees Means Test Wales 2017

Care Fees Means Test Wales 2017

What are the cares fees means test limits in 2017 for Wales? We explain them to you....

> 7y

Care

Care Fees Means Test Scotland 2017

Care Fees Means Test Scotland 2017

What are the care fees means test limits for Scotland? We explain care fees in Scotland....

> 7y

Care

Care Fees Means Test Northern Ireland 2017

Care Fees Means Test Northern Ireland 2017

What are the cares fees means test limits in 2017 for Northern Ireland? We explain them to you....

> 7y

Care

Care Fees Means Test England 2017

Care Fees Means Test England 2017

What are the care fees means test limits for England? We explain care fees in England....

> 7y

Care

Cares Fees Means Test Across UK 2017

Cares Fees Means Test Across UK 2017

The care fee means test in UK differs in England, Northern Ireland, Scotland and Wales. Which country is better?...

> 7y

Care

Means Test Limit Care Fees 2020

Means Test Limit Care Fees 2020

Video on proposed means test capital limit for cares fees from 2020, the new lifetime cap on total care fees payable and the "hotel cost" board and lodgings fee ...

> 7y5m

Care

Means Test Limit Care Fees 2016 2017

Means Test Limit Care Fees 2016 2017

Video looks at capital means test limit for care fees for 2016-17 at £14250 lower limit, £23250 upper limit for most of UK and Wales at £23,750 increasing to ...

> 7y5m

Care

Means Test Limit Council Tax Income Support

Means Test Limit Council Tax Income Support

We explain the lower £6,000 and upper £16,000 capital means testing limits for income support, council tax help and job seekers allowance. In addition to the weekly income assumption ...

> 7y5m

Advice Tips

Video explores the Care Act 2016 and the changes to means testing social care fees in older age, the care fees cap, the increase to the mean test limit ...

> 8y4m

Care

Enduring Power of Attorney v Lasting Power of Attorney

Enduring Power of Attorney v Lasting Power of Attorney

Video explores the differences between a pre 2007 Enduring Power of Attorney v Lasting Power of Attorney October 2007 onwards, the powers, options, certificate provider and registration with Office ...

> 8y5m

Care

1 Million Inheritance Tax Property Allowance Con

1 Million Inheritance Tax Property Allowance Con

Video explores why you should still plan for inheritance despite the new £1 Million Inheritance Tax Property Allowance....

> 8y5m

Inheritance

Capital Decumulation Planning

Capital Decumulation Planning

Video explores Capital Decumulation Planning this is the period where financial planning in retirement is needed to cash flow model with financial advice....

> 8y7m

Care

Carers Credit National Insurance for State Pension

Carers Credit National Insurance for State Pension

Video explains how the Carers Credit for National Insurance when looking to protect State Pension entitlement. Are you over 16 years old yet under State Pension Age and caring ...

> 8y7m

Care

Power of Attorney Maximum Money Gift

Power of Attorney Maximum Money Gift

Video explains the rules when you are appointed as Power of Attorney and what the Maximum Money Gift you make make to family members and expenses....

> 8y7m

Inheritance

Over Ninety Years Old Inheritance Tax Planning

Over Ninety Years Old Inheritance Tax Planning

Inheritance Tax Video. There are not many options for people in their nineties to save inheritance tax. Is this the inheritance saving solution for the over 90s?...

> 8y9m

Inheritance

Life Expectancy Financial Planning

Life Expectancy Financial Planning

Video looks at the issues of taking life expectancy into account when looking at flexible pension drawdown planning and later life care fees planning. You need to be aware ...

> 8y11m

Pensions

Budget 2015 Deed of Variation Review

Budget 2015 Deed of Variation Review

The Chancellor confirms that the use of Deed of Variation will be reviewed for inheritance tax abuse but we believe it is all about care fees means test planning....

> 9y1m

Politics & Economy

Savings Capital Limit for Means Tested Benefits

Savings Capital Limit for Means Tested Benefits

Video explores the savings capital limit for Means Tested Benefits for Pension Credit, Housing Benefit and Council Tax Benefit.Transcript:“Hello there and welcome, thank you for joining me. Subject for ...

> 9y2m

Advice Tips

Retirement Cash Flow Model

Retirement Cash Flow Model

Video explores the concept of planning for retirement and later life using cash flow models and cash flow modelling techniques to ensure you have enough money to see you ...

> 9y4m

Advice Tips

Advance Decision for Medical Treatment

Advance Decision for Medical Treatment

Video explains the choices you can make for medical treatment if you are not able to decide at the time that are legally binding via an 'advance decision' and ...

> 9y6m

Care

Care Fees Investment Plan

Care Fees Investment Plan

Video goes into a little more depth about the pros and cons of investing in a care fees investment plan...

> 9y7m

Care

What is a Care Fees Policy

What is a Care Fees Policy

Video explains the basics of a care fees investment policy...

> 9y7m

Care

Warning When Give Money To Children

Warning When Give Money To Children

Video offers a warning that you should take financial advice when considering a money gift to children...

> 9y8m

Care

When Property Ignored Care Fees Means Test

When Property Ignored Care Fees Means Test

Video to explain when a property is ignored for the Care Fees Means Test...

> 9y9m

Care

Protect Money With a Will Trust

Protect Money With a Will Trust

Video explaining a Will trust and how to protect assets and wealth...

> 9y10m

Care

Care Fees Consider Separate Bank Accounts

Care Fees Consider Separate Bank Accounts

Video exploring the reasoning to consider separating bank accounts when dealing with care fees and not subsidising their living expenses...

> 9y10m

Care

Care Fees Deprivation of Assets

Care Fees Deprivation of Assets

Video explaining the issues with when and when you cannot give money or your wealth away when thinking care fees and deprivation of assets...

> 9y10m

Care

Care Fees Capital Not Means Tested

Care Fees Capital Not Means Tested

Details for Care Fees with the Charging for Residential Accommodation Guide for non means tested assets...

> 9y10m

Care

Care Fees Personal Expense Allowance 2014

Care Fees Personal Expense Allowance 2014

Video explaining the Care Fees Personal Expense Allowance 2014 when you receive Local Authority Help, how much will they leave yo...

> 9y10m

Care

Care Fees Means Test Capital Limits 2014

Care Fees Means Test Capital Limits 2014

Video explaining the upper and lower capital limits withing the cares fees means test as part of the CRAG Charging for Residential Accommodation Guide 2014...

> 9y10m

Care

Charging for Residential Accommodation Guide

Charging for Residential Accommodation Guide

Video explaining the guidance issued by Government to local authorities for care fees The Charging for Residential Accommodation Guide (CRAG)...

> 9y10m

Care

2013 Care Fees Bill

2013 Care Fees Bill

Current PositionIf you are worth more than £23,250 you are required to self-fund your care.Care Fees BillIf your total worth is lower than £17,000 then you will not have ...

> 10y6m

Care

Videos Channels

Our Financial Advice Fees Quotes and Shop

Money Tips Cost of Living & Covid

Cost of Living & Covid

Markets & Alerts

Markets & Alerts

Expat & Offshore

Expat & Offshore

At Retirement Options for Pensions

Options At Retirement

Pension Transfers

Pension Transfers

Green Inv ESG SRI

Green Inv ESG SRI

Law, Wills, Attorneys

Law, Wills, Attorneys

Politics and Economy

Politics & Economy

Care Fees Consider Separate Bank Accounts

Care Fees Deprivation of Assets