Intentionally giving away some of your assets, such as money, property, valuables or income, in order to have your social care costs funded by the local authority is called deprivation of assets. Local Authorities have a statutory duty to charge for the cost of care when you have the means to pay.
If you deliberately get rid of or give away assets in order to get your care paid for, the local authority can charge you as though you still had those assets.
I explain the rules in this video.
Find out more on this Age UK Factsheet: www.ageuk.org.uk/globalassets...
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14 июл 2024
