Care funding options

Copyright © 2025 LexisNexis
Published by a LexisNexis Private Client expert
Practice notes

Care funding options

Copyright © 2025 LexisNexis

Published by a LexisNexis Private Client expert

Practice notes
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Note: This PrACTice note aims to look at how care is funded following the reforms brought in by the Care Act 2014 and the replacement of Charging for Residential Accommodation Guide (CRAG) which was replaced by the Care and Support (Charging and Assessment of Resources) Regulations 2014. There have been a significant number of repeals in this area and new legislation and regulation to ensure that the changes will work as intended including the Health and Care Act 2022. Health and Care Act 2022 Planned changes in this area such as the cap on care have been delayed numerous times and the care cap was delayed until 2025 by the government and it is unclear whether the new government will take forward this policy. The Care and Support(Charging and Assessment of Resources) Regulations 2014 are under review. The rates for Personal Expenditure Allowance, Minimum income guarantee contained in this are updated annually. in the Local authority Circular Local authority circulars–GOV.UK (www.gov.uk).

A major concern for the older client is how they will be able to pay for any form of

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Jurisdiction(s):
United Kingdom
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Key definition:
Fund definition
What does Fund mean?

Includes any estate or property held for the benefit of any person or class of person and any fund to which a trustee or representative'>personal representative is entitled in that capacity

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