The rules for deprivation of assets - meaning the reduction of your assets by spending, gifts, certain investments, etc - can be quite complicated and will affect your local authority means test for care home provision.
In an effort to help you understand the process, Age UK has produced a factsheet, which should be read in conjunction with Age UK’s other factsheets on care home funding.
- Information on government guidance that must be followed by local authorities
- The definition of deliberate deprivation
- The concept of notional capital and local authority powers of financial recovery.
The timing and motivation for a disposal of assets are of central importance and the local authority has a responsibility to consider these elements as part of means test.
Deprivation of assets in social care (PDF 401 KB)
A small favour
All the information and advice we provide on the website is free and completely independent, as is our National Advice Line that is open 365 days a year.
But demand is going up. We are an ageing population and more people than ever are coming to us for support, which is why we need to ask for help.
If you are able to, just a small gift today could help us reach even more older people wherever the need is greatest.
Please support our work