MBL Seminars with Victoria Crick

Victoria Crick, Community Care Chartered Legal Executive, leads expert seminars and training for MBL.

Deferred Payment Agreements & Care – Key Issues for Private Client Professionals

A Deferred Payment Agreement (‘DPA’) is a mechanism which enables loan funding from Social Services, through which a care home resident whose home cannot be disregarded in the Local Authority financial assessment process can ‘borrow’ from the Local Authority to pay their care costs, rather than selling their home.

Although the Government presents the DPA scheme as a way to ‘protect the family home’, and whilst a DPA can work when an empty property can be rented out to generate additional income to pay towards care costs, the reality is that the property will normally have to be sold or otherwise re-financed when the person passes away.

So, the DPA arrangement can create an added financial or time-pressure burden as it still has to be paid back.

This new virtual classroom seminar is suitable for people who are already advising clients about paying for care rules and have some background knowledge of DPAs, as well as professional Attorneys and Deputies who might need to consider the implications of a DPA for their clients.

You will work through case studies and calculations to analyse DPAs and when they might be applicable to your clients.

What You Will Learn

This live and interactive session will cover the following:

• An overview of DPA rules
• Mandatory DPAs
• Discretionary DPAs
• How much to defer and calculations
• Equity limits and calculations
• How top up payments interact with the DPA
• How the loan is secured
• Interest and administration charges
• What happens if the property is sold during the person’s lifetime
• What happens post death
• Practical issues – such as Deputy authority and restrictions on titles (specifically retirement properties)

Dates:

Tuesday 21 January 2025 – 12.30pm – 2.00pm

To find out more about this Seminar, or to book, view the Deferred Payment Agreements & Care – Key Issues for Private Client Professionals event page

Multi-Generational Living – From a Paying for Care Perspective

Multi-generational living often occurs when a child takes on a parent’s care needs, and the parties decide to start living together.

This could take the form of one party selling their property and moving into the other’s home; maybe both parties selling their homes to buy one property together; or one party selling their home and either building an annex or making adaptations to the other’s property.

When setting up these living arrangements advisors need to be very careful who they advise (to avoid a potential conflict) and make sure that they are looking at the matter holistically and considering how the arrangement will be treated by the Local Authority in any financial assessment.

This new virtual classroom seminar is suitable for people who are already advising clients about the paying for care rules and have some background knowledge of multi-generational living, as well as professional attorneys and deputies who might need to consider the implications where their clients are involved in multi-generational living.

What You Will Learn

This live and interactive session will cover the following:

• Who is your client – how to avoid conflict/identify potential problems/the importance of cross-department referrals at an early stage
• Gifting v owning interest in property – the impact on payment of residential care fees in future
• How should the property be owned – the impact of having a mortgage
• Moving in v living in an annex – who pays for what?
• Powers of attorney – who to appoint and what to include to make them useful/avoid conflict
• Importance of reviewing wills and problems which might arise – leaving parent the right to live in property/issue of equalising shares between children
• Obtaining carers allowance and any other relevant benefits to be considered including council tax exemptions

Dates:

Tuesday 20 May 2025 – 1.00pm – 3.00pm

To find out more about this Seminar, or to book, visit the Multi-Generational Living – From a Paying for Care Perspective event page

Our Community Care Law team can design and deliver in house training on any of the above topics for your private client team or your organisation. To find out more, contact us today on 01273609911, or email info@ms-solicitors.co.uk.