Recommend a Fair Deal Tax / Financial Planner / Estate Planner

Futurelookin

Registered User
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As the title suggests:
My mother is about to enter the residential care system. We need to calculate if the Fair Deal scheme is the best option for her. Our initial ( very rudimentary) calculations suggest that her income combined with renting out her home might be preferable to the asset % contribution through Fair Deal.

Looking for a specialist in this area to advise and help us assess the best route to fund her care.

Would very much appreciate recommendations for a tax planner or accountant with expertise in estate planning and Fair Deal.

Thanks
 
The link below, according to their website anyway is an accountancy firm who provide advice on Fair Deal.

I have no connection to them and know nothing about them.

It does say they are based in Cork but provide a nationwide service.

Doesn’t look good only giving an email address and a mobile phone number for contact details.

http://fairdealadvice.ie/#about_section
 
Thanks twofor1, appreciate the response.

I'd really like to get a personal recommendation if anyone else has experience in relation to this.

Thanks
 
Two quick thoughts. Firstly where are you based ? Secondly have you started the actual application process for Fair Deal ?

If you are in the west of the country I can recommend a good accountant. If you have the application process already completed you will have an idea of the assets and accounts etc so you have the majority of the info needed. What you need to be careful of is the income from any letting of property and the associated possible tax liability, also the insurance cover will change. I have been down that road and it's not as bad as it seems at first,just tricky.
 
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