What could the government's care reforms mean for you?
Earlier this year, the government announced that it would drastically reform care funding to remove the uncertainty and fear caused by unlimited care costs and ensure that individuals receive the care and support they need as soon as they need it.
There is concern that the fear of unlimited care costs and the uncertainty over eligibility for financial support means that individuals defer making decisions regarding their care needs until their health has deteriorated to such an extent they need more complex and expensive care. It is hoped that the implementation of a clear system of funding will allow individuals to seek local authority services earlier, make informed decisions about their care and plan how they will to pay for it in advance.
Currently, only individuals with assets worth less than £23,250 are eligible for local authority financial support towards their personal care and basic household needs.The proposed legislation increases the allowable level of assets from 1 April 2016 that an individual can have and still receive financial support…
If you are registered and logged in to the site, click on the link below to read the rest of the Goodman Derrick briefing. If not, please register or sign in with your details below.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Goodman Derrick
Analysis from The Lawyer
Active financial management is vital, but with firms looking more closely at the process of debt and fee collection, the personal touch still counts
The lure of the law can kick in at any stage of life. We speak to four individuals who have made a radical switch to a legal career