As a direct result of recognised demographic changes, the impact of Long Term Nursing Care costs is affecting more and more families.

The fact that people are already living longer than the previous generation, combined with the fact that current life expectancy is also increasing, means the likelihood of needing nursing care, especially in later life, is that much greater.

When we build your Financial Plan with you, we will naturally discuss how to model such potential Long Term Nursing Care costs, and also what solutions are available for you to minimise or eliminate their effect.

If you require Long Term Nursing Care during your lifetime, then Inheritance Tax may not be as great a threat to the value of your Estate as you might think. If your home has to be sold, or other assets used, to pay for Long Term Nursing Care costs, then there is potentially a more damaging 'tax' that may significantly reduce the value of your Estate.