Funding Options for Devon Residents
Figuring out how to fund your long-term care is a significant consideration when exploring home care services. Depending on your personal circumstances, you might be eligible for public funding, benefits, or have various other finance options at your disposal.
Useful Information About Care Funding
Lasting Power of Attorney:
Understand what a lasting power of attorney (LPA) is and how it can impact your care planning.
Private Funding or Direct Payments
The most common funding method among our customers is private funding or direct payments. If you’re planning to self-fund your care, we strongly recommend researching whether any benefits are available to you. To help you get started and steer you in the right direction, we’ve provided plenty of advice below.
Immediate Needs Annuity
Another funding option to consider is purchasing an immediate needs annuity. This can provide you with a financial safety net to cover your care costs.
Power of Attorney and Asset Matters
Many individuals have questions about lasting power of attorney (LPA) and other asset-related matters. These topics can significantly impact your care planning and financial decisions.
Explore Your Funding Options
Horizon Care South West is here to guide you through the various funding options available in Devon. If you’d like expert advice tailored to your unique situation, please don’t hesitate to get in touch with us today.
