Later Life Finance

Financial planning for funding elderly care

Simple and affordable online will writing services

Legal matters can be scary and quite often the reason why we delay. They can also be incredibly difficult to discuss with elderly parents or relatives. We hope our simple and informative guides will help you and your family to prepare to care. 

Where to start with paying for care

Guide

The best place to start if you're new to care funding

Guide

Why you might need a care assessment and setting one up

Guide

Understand the different types of financial care support

Podcast

Finance expert Jason Butler talks about funding care

Elderly care funding available

Guide

Find out how the local authority can support financially

Guide

Guide to the financial support available from the NHS

Guide

Understand who is eligible for the attendance allowance

Podcast

NHS Continuing Healthcare advice from Jason Butler

Self-funding care

Guide

Introduction to the different options for self-funding care

Guide

Guide to how annuities work and how they can be used to support care costs

Guide

Understand how deferred payment agreements work

Equity Release

Guide

How Equity Release works and how it can help

Tool

Free calculator to estimate how much you could release

Guide

Everything you need to know about lifetime mortgages

Service

Speak to Laterlivingnow for equity release advice

Inheritance Tax

Guide

Understand the basics of how Inheritance Tax works

Guide

Learn the rules surrounding gifts and Inheritance Tax

Guide

Learn how IHT rates and thresholds work

Later Life Financial Planning & Paying for Care

Working out what you need to pay for and getting the finances in order can be a tiring task when it comes to elderly care. It can feel like an impossible task to jump through all of the hoops required for financial support. And, it goes without saying, the cost of care can be expensive
 
We hope that our finance guides, tools and podcasts can help to simplify this part of your elderly care journey – and ensure that you are receiving all the financial support that is available to you. Whether your loved one will be self-funding their care costs, or is being funded by the local authority, NHS or anyone else, we have guides relevant to your circumstances. From inheritance tax to equity release, attendance allowance to financial assessments, we have got you covered.
 
We know that some people feel reluctant to discuss finances, even with family, but it is important to plan properly in order to get the best value when paying for care. We hope that our easy-to-understand finance guides make financial planning simpler.

We are a proud affiliate of

The Society of Later Life Advisers (SOLLA)

SOLLA helps people and their families in finding trusted accredited financial advisers who understand financial needs in later life. A well-qualified financial adviser who is also somebody who understands the plans you need to make for your retirement years.

Find an accredited advisor.