Nobody likes to consider that their health will deteriorate as they get older and the likelihood they may need long term care facilities.
However, making sensible provision while you still can is only common sense.
The Community Care Act came into being in April 1993 and provides a legislative and financial framework to facilitate the provision of long term care. Locally authorities are legally obliged to help with care fees for elderly people who do not have enough money to pay their own.
It may be tempting for people to consider transferring assets, capital and property, to relatives in order to qualify for financial assistance. However, local authorities have far-reaching powers to reclaim any monies they think have been transferred for the purpose of qualifying for financial assistance. It is generally the intention behind any transfer of asset that will be looked at, rather than how long ago it took place.