Fair Deal Advice Blog

Common Misconceptions Of The Rules Of The Fair Deal Nursing Home Support Scheme

One of the biggest issues with the Nursing Home Support Scheme/Fair Deal is the amount of misinformation that unfortunately people listen to and believe. Ireland is unfortunately a country with plenty of what I call the Irish expert i.e., people who claim to have some knowledge about everything and are not slow to share it with anyone who may mention a subject just like the Fair Deal. Unfortunately, people listen to what they say and believe it. Consequently, people often fear the fair Deal and often make catastrophic financial decisions based on false/incorrect information.

Common misinterpretations of the rules include the following:

• • If you have savings, you cannot avail yourself of the Fair Deal. – Not True.
• • You must use up all your cash before you apply for the Fair Deal-Not True.
• • The HSE will take all your savings. Not True.
• • The HSE will take your house, – Not True.
• • You must have a house to apply for the Fair Deal. – Not True.
• • If you go into the Fair Deal your future estate will be left with nothing. -Not true.

The Fair Deal is a very specialised area, and advice should only be obtained from those who are professionally qualified to do so such as www.fairdealadvice, i.e.

If you or your relative need long-term care, the Fair Deal in 97% of situations will be the best way to fund your or their care, It is important that you get the right advice only from organizations that are qualified to give it, At www.fairdealadvice.ie we are Ireland’s leading professional independent Advisors on the Fair Deal. Call us on 086 601 5042 or email us at advice@fairdealadvice.ie and we will give you the correct advice on how best to fund yours or your relatives care.

Tom Murray
Managing Director
Fairdealadvice.ie