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Why some pensioners are falling victim to Asset-protection trusts
Old age pensioners and those approaching retirement have according to reports been sold worthless ‘trust’ schemes that apparently promise to protect their home if they were to go into care. Whitehall guidelines and a tough new approach by local authorities mean that any ‘asset-protection trust’ that has been created to spare people having to sell their home should long-term care be needed will be disregarded. Some of our elderly population have in some cases paid as much