Ethel Caterham, a resident in Hallmark Lakeview Luxury Care Home, is the last surviving subject of Edward VII. She was born in 1909, three years before the Titanic disaster, eight years before the Russian Revolution and lived through two World Wars. She is also the oldest ever British person.
Ethel puts her secret to a long life down to taking everything in her stride, the highs and lows and never arguing with anyone, listening and doing the things she likes. She says yes to every opportunity because you never know what it will lead to. She advises having a positive mental attitude and have everything in moderation.
Whilst we are not sure how long Ethel has been at the Care Home, it is a stark reminder that if you, or a loved one, are the point of a care need or are about to enter care, then be sure to take professional, specialist later life planning advice. If you are concerned about assets being whittled away in care costs, have you heard of the Immediate Care Plan? A potential solution to give you a guaranteed tax-free income towards your care for life, effectively capping the cost of care and giving you and the family peace of mind.
Harold Stephens is a local, later life financial and legal planning specialist with a special interest in long-term care provision and tax efficient funding options. If you, or your loved one, are at the point of care need and are currently making important care funding decision then get in touch for a relaxed initial chat with one of our SOLLA Accredited advisers by calling 0117 3636 212 or emailing office@haroldstephens.co.uk.
We will also be putting on some in person events throughout October and November in the local area covering the topic of care funding decisions and related later life financial and legal planning. Up to date listings of events can be found here: https://www.haroldstephens.co.uk/events/
