Latest news for Laing and Buisson Laing and Buisson news feed from the Invest Differently magazine

Assets wiped out because of care home fees
(19/11/2010)

According to research by Laing & Buisson and the House of Commons Library, more than 20,000 pensioners had to sell their homes last year to pay for residential care home fees- an increase of 17 percent in the past five years. Last year's Age Concern/Help the Aged estimates put average care home fees at £470 per week, prompting the Law Society to warn that many wills could need reviewing as care residents' assets continue to deplete, and urge ... [more]

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