Click Here For Our Free Training On How To Protect Your Home & Your Family With A Good Estate Plan In The UK:
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No.
The Care Act has a concept known as deliberate deprivation of assets.
If you gift, sell, or otherwise dispose of any asset to deliberately avoid paying for care fees, then that will not work.
If you buy your parents’ house then the money you pay will go towards care fees.
Buying at less than market value would be considered deliberate deprivation and possibly fraud.
However, there are routes you can take that stay on the right side of the law.
If you want to set up an estate plan to protect your assets then book a free 20 minute call with us:
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