Planning for Older Age

In helping our clients and their families plan for older age, we provide guidance & assistance with the following areas:

The Fair Deal Scheme

The Fair Deal Scheme (Nursing Home Support Scheme) is a scheme of financial support for people who require long-term nursing home care in Ireland. It is designed to give financial assistance to those who require full-time nursing care, regardless of their financial circumstances. The Scheme is administered by the HSE on behalf of the Department of Health.

Under the Fair Deal Scheme, the applicant will make a financial contribution towards the cost of their care and if your application is successful, the State will pay the balance to your selected HSE approved Nursing Home.  The amount of your financial contribution towards your weekly nursing home costs will depend on your incomes and assets if applicable. Read more

Assisted Decision Making (Capacity) Act 2015

The Assisted Decision Making (Capacity) Act was signed into law on the 30th December 2015. The Act is about supporting decision making and maximising a person’s capacity to make decisions. The Act will have significant implications for health and social care providers in the provision of safe person-centred care, based on respecting the individual rights of each person. Our role is to highlight the benefits and key features of the Assisted Decision Making (Capacity) Act and guide you.

An Enduring Power of Attorney: An enduring power of attorney (EPA) simply allows the attorney to make “personal care decisions” on the donor’s behalf once he/she is no longer fully mentally capable of taking decisions themselves. Read more

Inheritance Tax Planning: Capital Acquisitions Tax (CAT) is also known as Inheritance Tax or Gift Tax and is a tax charged on money or property that is gifted to or inherited by someone. There are 3 different threshold levels (groups) depending on the relationship between the recipient and the donor (disponer) of the gift or inheritance. Amounts under each threshold below are tax free as per current tax legislation. Read more