Like most people, it's more about making sure as much of it as possible can go to his children/grandchildren rather than being taken by the council to provide for their old age care if their own money runs out.
The beautiful irony is that by shovelling away lots of their wealth into trusts and the like they're making it more likely they'll end up in council provided social care sooner than if they kept their assets in their own name and sold them off as necessary to fund private care.
lynx
Like most people, it's more about making sure as much of it as possible can go to his children/grandchildren rather than being taken by the council to provide for their old age care if their own money runs out.
The beautiful irony is that by shovelling away lots of their wealth into trusts and the like they're making it more likely they'll end up in council provided social care sooner than if they kept their assets in their own name and sold them off as necessary to fund private care.