The Review Spring 2013 | Page 3

So, what should you do to prepare for care? ■■ ■■ ■■ ■■ ■■ Request a care and financial assessment by the Local Authority Ensure you claim all your benefit entitlements, such as Attendance Allowance Request an assessment for NHS continuing care, if you think you qualify Enlist the help of specialist Financial Advisers Consult Barlow Robbins about protecting your assets in relation to care home fees, other later life issues and Inheritance Tax planning. “The residential care market is estimated at £14 billion, of which the private (for-profit) sector is worth £9.9 billion and the value of the voluntary/ not-for-profit sector is a further £1.9 billion. The public sector accounts for the remaining £2.2 billion” Care of Elderly People UK Market Survey 2010, Laing & Buisson, 2011/12 “Around 6.4 million people provide unpaid care in the UK (all ages)” Valuing Carers - Calculating the value of carers’ support. Carers UK, 2011 P2