• November 2019
    Protecting your home

    Protecting your home for future generations is something which has always been at the forefront of discussions when thinking about making a Will, as more often than not our home is our biggest asset.

    A leading question from clients nowadays seems to be ‘will I need to sell my home to pay care fees?’ Most of us would like our family such as our children and/or grandchildren to inherit our property, rather than the value of it dissipating in care fees.  Different factors could change the outcome, such as how you own your property; whether you own other properties, whether or not you own your home jointly, and who is in occupation.

    If you require residential care, your financial capacity will be taken into account; this is known as a ‘Means Test’.  This Means Test includes your income as well as your capital.  Your home will be excluded from the calculation in certain circumstances, such as where you have a child under 18 in occupation of the property, or if your partner still lives at home.

    If none of the exclusions apply and your total capital (including your share of your property) exceeds £23,250, you will likely have to pay for your care fees.  (Please note that if your property is included in the Means Test, it will automatically be disregarded for the first 12 weeks of care).

    Where you jointly own your home with someone else, your share of the property will be taken into account.  It will be excluded, however, if, as mentioned above, your co-owner lives with you at the property.

    If you have a situation where it is likely your property will need to be sold to pay for care fees but for some reason there will be a delay in the sale (if it is currently rented out, for example) then the care home may agree to put a charge on the property.  This will effectively allow their fees to be paid upon the sale.

    You may think about giving your property (or a share of it) to your family/children during your lifetime.  There are some dangers to be aware of, such as what would happen if you gave half of your property to your child and they became bankrupt, or went through a divorce?  One of the options for you to consider would be to hold the property on Trust, via your Will.

    It is therefore important that you get the correct advice to protect your assets.  If you would like to discuss the options available on passing your assets to your family please get in touch with our private client team at Jackamans, who will be happy to have a free half hour meeting with you.


    back to articles...
Like most websites...
...Jackamans uses cookies in order to deliver a personalised, responsive service and to improve the site, we remember and store information about how you use it. This is done using simple text files called cookies which sit on your computer. These cookies are completely safe and secure and will never contain any sensitive information. They are used only by Jackamans and will not be shared with anyone else.
Read our cookies policy

how we use your information

This privacy notice tells you what to expect when Jackamans collects personal information.

visitors to our websites

When someone visits a we collect standard internet log information and details of visitor behaviour patterns. We do this to find out things such as the number of visitors to the various parts of the site. We collect this information in a way which does not identify anyone. We do not make any attempt to find out the identities of those visiting our website. We will not associate any data gathered from this site with any personally identifying information from any source. If we do want to collect personally identifiable information through our website, we will be up front about this. We will make it clear when we collect personal information and will explain what we intend to do with it.

use of cookies by Jackamans

Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently, as well as to provide information to the owners of the site.

the cookies we use

acceptance Cookie

When you accept cookies from our site we write a cookie called jm_c_opt_in to your machine. This stores your acceptance so that when you return to our site in the future you will not have to accept cookies again.

system cookies

A set of system cookies are used to store information allowing functionality. These include data relating to a users membership, such as log-in details, if the user has signed up to any memberships on the site.

Google analytics

We store analytics cookies on your computer as soon as you visit this site. We need to do this to collect information about how visitors use our site. We use the information to compile reports and to help us improve the site. The cookies collect information in an anonymous form, including the number of visitors to the site, where vistors have come to the site from and the pages they visited. These cookies are listed below:





To opt out of being tracked by Google Analytics across all websites visit

cookie control

Most web browsers allow some control of most cookies through the browser settings. To find out more about cookies, including how to see what cookies have been set and how to manage and delete them, visit