Get advice before acting on long-term care funding

Recent proposals to change the way Guernsey’s long-term care is funded have raised concerns about the way individuals pass down wealth to their children. Islanders are being advised to take advice from experts before making decisions regarding the funding of their own long-term care.

According to lawyers from Babbé LLP, it is likely that potential changes to the way the island’s Long-Term Care Insurance Scheme is funded will result in islanders seeking to amend their financial arrangements.

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