Motown Fox

I purchased a Day Tripper for £6 on the train today (9th July 2011) and used it on the train on 2 First buses, a tram and 2 Stagecoach buses which I found very useful until trying to board the 8-40 X6 bus from Sheffield. Then I met the driver from hell. He refused to let me on with a perfectly valid ticket as he said it was a Rail Rover ticket and had to say plusbus. I pointed out to him that the ticket also said S Y Day Tripper as well and that me and my dad had used this type of ticket many times. He said I should go and wait for a bus that would let me on. I could not wait so I was forced to pay £3 so I could get home.I said I wanted to complain about him but he refused to give me his name.

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Saga recently published a survey which estimated that the average care home bill comes in at around £540 per week. So if a individual stays in a care home for 4-5 years, of course it could be longer, the costs would amount to between £112,000 and £140,000 and that is without taking into account any annual increase. Therefore unless there are other assets to pay these amounts the individuals property will have to be sold to pay for this necessary care.

A major concern about future care is that prices are rising faster than the costs of inflation. Saga have predicted that within 20 years the average cost of staying in a care home will have risen to over £1,000 a week for each individual. Inflation has recently been rising by an average of 2.5% p.a. whereas care home fees are rising by at least 3.5%

Therefore if you can protect at least half of your property by completing a Property Protection Trust and changing the property ownership to Tenancy in Common you can protect this for your family so they have something to inherit when both of you die!

http://www.magedtv.net/ch2.html


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