The recent amendments to legislation for the Nursing Home Support Scheme/ Fair Deal finally came into effect on the 20th of October 2021 after been signed into law in late July. The HSE have now issued their interpretation and guidelines regarding the application of these rules. While the benefits to Farming and Business families have been much publicised in newspapers and articles with regards to the exemption of farming and business assets after three years […]
HSE Issues amended Nursing Home Support Scheme Application form to take account of changes for Farming and Business Owners.
With the amendments to the Nursing Home Support Scheme finally coming into effect from the 20th of October 2021 the HSE have now issued an amended application form with an additional section for Farmers and Business Owners looking to avail of the three- year cap. Please find below the link to the new application form. Aplication Form: https://www2.hse.ie/file-library/fair-deal/nursing-home-support-scheme-application-form.pdf The additional sections of the application form are found on pages 11 to 14 and contain some […]
As Covid Restrictions ease and we return to a new type of normality I would ask everyone to make a special effort in looking out for older relatives, neighbours, and friends. We have had a high level of calls over the past weeks and months from persons as young as 68 enquiring about long term care facilities. When we discuss their care needs most if not all have nothing physically wrong with them, are living […]
The long wait is finally over for farming and business families seeking the Fair Deal Scheme in Ireland now that the Nursing Homes Support Scheme (Amendment) Bill 2021 is finally passed by Mary Butler TD, The Minister of State for Mental Health and Older People. Here’s all you need to know. What Is the Nursing Homes Support Scheme (Amendment) Bill 2021 And What Does It Mean for Farming and Business Families’? The effect of this bill will now allow […]
At long last the changes to the Fair Deal Scheme that will cap qualifying Farming and Business applicant’s contribution on their land and business values to 3 years were finally passed by the Dail and Seanad and signed into Law by President Michael D Higgins last week. These long-awaited amendment to the Nursing Home Support Scheme Act were delayed for several years by Brexit, Covid and the change in Government. The changes will bring financial […]
Due to lack of advice when entering the Fair Deal/Nursing Home Support Scheme I estimate that over 90% of all applicants end up overpaying for their long- term care under the Fair Deal Scheme. These overpayments usually occur in three areas: • Not completing the application form correctly and not claiming for deductions that the applicant is entitled to and assuming the HSE assessment is correct. • Having submitted the application and gaining approval and […]
Fair Deal Ireland Nursing Homes Support Scheme Guide – When Do You Need A Care Representative and How to Appoint One
I know I keep saying this too often that as you age, you should consider taking out an Enduring Power of Attorney. This is vital for you as your nominated Attorneys will be able to make financial decisions on your behalf and access your funds and assets if you are ever in a situation wherein you are physically or mentally incapable of doing it on your own. One such decision and benefit of an EPA […]
Good news for Farmers and Business Owners. The legislation introducing the exemption of Farmland and Businesses after 3 years from the Fair Deal asset assessment is due back in the Dail in the next two weeks after considerable delays due to Brexit change in Government and Covid 19. Hopefully not long after that it will come into force and Farming and Business Families will at last be able to access affordable long-term care under the […]
Nice to get this thank you card from Joe Duffy for the advice I gave on Life Loans on his Radio show last week.
Fair Deal Advice Founder Tom Murray Was Recently Featured on Liveline – Talking About Life Loans And Its Impact on the Fair Deal
Great to be asked to be part of the Joe Duffy show today contributing on the subject of Life Loan. It is very distressing seen how these impact older people their fair deal applications and ultimately their estates which are typically decimated by the life loans and the compound interest they charge. Please avoid these financial products at all costs. Unfortunately they are being sold again.