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Financial crunches usually arrive unannounced. It’s the elderly people who suffer from it the most. Even after Health Service Executives (HSE) pay a part of their contribution towards long-term nursing home care and secure recipients in a way, one may still fall short of the money needed to continue availing of the health benefits. Thankfully, Nursing Home Loan Scheme resolve all such worries.
Formally recognised as Ancillary State Support, it allows persons availing of nursing home care to seek a loan in exchange for having a Charging Order registered against their assets. The loan repayment can be deferred till the person expires, or the property is transferred to another person while he is alive. To know more about it or the Fair Deal Scheme in Ireland in general, contact Fair Deal Advice. The advisory services provider can list down the ins and outs of deferring loan repayment and save you from unforeseen situations that dampen spirits.
We are aware of the intricacies of the Nursing Home Support Scheme or the Fair Deal Scheme and have supported many clients by planning everything for them, completing their application forms and advising them on different Fair Deal matters. Reach out to us for help!
Website: https://fairdealadvice.ie
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