Later Life Care PlanA solution to reduce the financial burden of care in later life
This idea came about after speaking with a client who was concerned about how they would cover future care costs without depleting their savings. When we reviewed their finances, it became clear that while they had planned well for retirement, the rising costs of residential or in-home care could quickly erode their capital. That raised the obvious question—how could they secure quality care for the future, while still protecting their estate?
That conversation highlighted a growing challenge many families face—wanting to ensure dignity, comfort, and choice in later life, but uncertain how to manage the financial commitment.
Through our network, we have developed a structured plan to extend financial capacity in a sustainable way. That same client became one of the first to adopt this Later Life Care Plan, and now feels far more confident about meeting future care needs without compromising family wealth.
Test Case
Later life care can be one of the most significant expenses individuals and families face. Residential care, nursing costs, and related support can exceed £60,000 per year, and over several years these costs can amount to hundreds of thousands of pounds.
Through a structured private financial agreement, clients can commit the required capital in advance. Over time, this capital generates returns that help offset ongoing care costs.
At the end of the agreed term, the original capital is returned—allowing families to cover later life care with clarity, confidence, and reduced financial strain.
The Terms
The information provided below reflects our typical terms, including duration, entry level, and payment frequency. These are indicative and may vary depending on individual arrangements.
The Process
Step 1
Client engages with a member of the team to meet and discuss requirements.
Step 2
Once client goals are discussed, sign up paperwork is issued specific for the client.
Step 3
Once paperwork and client ID is filed, a private financial agreement is submitted.
Step 4
When the private financial agreement is completed client sends funds to Limited company account.
Step 5
Client funds are placed into the trade, and the client receives fixed quarterly payments throughout the twelve-month contract.