The biggest problem with the Nursing Home Support—Fair Deal Scheme in Ireland is misinformation. Even though people think that they already know all about it, when they actually apply for the scheme, they might encounter several gaps in their plans that initially seemed simple.
Will you lose the house? Will you lose all your money? How do you pay your nursing home costs, and how do you pay the 7.5% contribution towards the asset? How does the nursing home loan support work? Why is an enduring power of attorney important?
In this episode of the Trina Mara Podcast on Ireland’s Classic Hits Radio, leading Fair Deal Scheme advisor in Ireland and founder of Fair Deal Advice, Tom Murray, opens up about how the Fair Deal Scheme can be pretty fair and indiscriminate for suitable persons and couples.
This podcast goes out to people who are looking to place their loved ones under nursing home care, either their parents or a close relative. Get a detailed idea about the application process, financial planning, contributions for single people and couples, and much more.
Listen to the insightful discussion now: https://www.classichits.ie/podcasts/something-for-the-weekend-with-trina-mara/episode/fair-deal-advice-for-nursing-home-care/
Tom was recently featured on the Lucan District Credit Union's popular Spotify podcast, Money Talks. Joining the conversation with the CEO of the Union, Paula Maguire, Tom revealed a good overview for...
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