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Deed of variation

trance · 2025-03-05 09:12:01

My father died 18 months ago, and we set up a deed of variation on half of his estate. We got a financial advisor involved who said this would be a good way to protect the assets (cash no property) for our family line, and also from the money being swallowed by potential care home fees in the future for ourselves (we had…

Comments

eskbanker Posts: 38,022 Forumite

11 March at 11:19AM

gm0 said:

@eskbanker - mild risk of going off topic. You need to do more research before projecting such certainty.

I'd say that was some way beyond a 'mild' risk! The fundamental point remains though, that concealing assets in trusts isn't a particularly constructive or logical way of addressing concerns about high care costs while simultaneously claiming to be 'happy to pay for care'.

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