Paying for care: independent financial advice
Learn when you may need independent financial advice, where to get it and what support is available when paying for care.
When to get independent financial advice
You may need advice from someone independent of the council to make informed decisions about paying for care.
This is important if:
- there are several options and the council cannot recommend one
- there may be a conflict between your interests and the council’s
- you are about to enter a legal agreement, such as a deferred payment, and the council cannot advise you
- you want advice on financial products to get the most from your money or assets
Sources of independent financial advice
Organisations and websites
You can get independent financial advice from:
- Notts Help Yourself- lists advisers and organisations offering financial advice
- Other organisations you may find helpful:
Independent financial advisers (IFAs)
Independent financial advisers (IFAs) can recommend financial products and give advice on managing your money. You may need to pay for their services.
The council does not check IFAs and is not responsible for the advice or services they provide.
Extra support
If you do not have family or friends to help, or if understanding financial advice is difficult, the council may provide a free advocate.
The advocate can act on your behalf and ensure you get the most from any advice you receive.
