An Introduction to Planning for the Cost of Care
- Podcast Location:
- Download it here [file size: 21.5 MB]
- Categories:
-
Governance & Service Provision
Tax & Planning
- CPD Points:
- Up to 1 point. details »
Due to the difference in guidelines between the SRA and the Bar Standards Board, CPD points are awarded differently for Solicitors, Barristers and Legal Executives:
Regulated by the Solicitors Regulation Authority:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)
Regulated by the Bar Standards Board:
Listen and pass the quiz: Gain 1 accredited CPD point (60 minutes)
Regulated by ILEX:
Listen and pass the quiz: Gain 1 CPD point (60 minutes)
Listen only, gain ½ a CPD point (30 minutes)
- Cost:
- a) £65+VAT for this CPDcast only
- b) £299+VAT for unlimited access to all of our podcasts. details »
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- Length:
- 30 minutes of audio
(+ optional 5 minute online quiz) - Plays on Computer:
- Yes Downloadable as MP3: Yes
- Contributor(s):
- Course Aims:
This podcast is aimed at those who deal with the elderly, lifetime planning and private client matters. It is intended as an introduction to the problems faced by a growing elderly population in the provision and cost of care. It will address what facilities are available, who qualifies to use them, at what cost and how estate planning can be used to help elderly clients manage their futures.
- Outcomes:
- After completing the course you will:
- Understand the demographic challenges the UK faces in the next 20 years;
- Be aware of the facilities available to help with care and what is meant by ‘care’;
- Know the qualification criteria for the provision of care at public expense;
- Know what personal assets may be appropriated to meet the cost of care and what cannot be touched by local authorities;
- Be aware of the deprivation of asset rules;
- Understand the options when it comes to estate management to assist clients with the cost of care.
- Level:
- Beginner
- Classification:
-
Legal Principles
Practical Guide
- Sources and References:
-
- Charging for Residential Accommodation Guide (CRAG) 2011.
With an aging UK population, what provision needs to be made for the cost of care in old age? The ‘baby-boomer’ generation is the wealthiest to have ever lived but a reluctance to talk frankly about getting old and money has lead to a great deal of uncertainty about planning for the future. This podcast talks through what care is available, what it may cost and in an era of shrinking public resource, also addresses where that cost can be met from.
Podcast added: 07/06/11
