-
Strong Boy
Hello, This maybe a bit of a out of the blue thread and I'm unsure where to post such a thing but I thought it best to post something online to get peoples opinion of what I can only describe as something not worded correctly in the building trade. I am getting some building works done at my property and I had the…
-
Is borrowing money from my dementia suffering mother legal?
My mother has serious dementia; she doesn't usually know who I am any more. She still lives in her home with daily carers that she is paying for. My siblings and I control the money because she doesn't have a clue. My brother is buying a house for which he has the funds but they are currently tied up. He would like to…
-
Money Moral Dilemma: Should my husband pay back the Child Benefit we're losing due to his pay rise?
This week's MoneySaver who wants advice asks... My husband and I have separate bank accounts and each month pay a fixed amount into a joint account to cover bills. My husband recently got a pay rise, and now his income means we have to repay some of the Child Benefit we received. I think my husband should pay it back, as…
-
Revoking an LPA to add a new attorney
My mother has capacity, and set up LPAs naming myself and my father as attorneys. She didn't name my sister as she thought it would be a burden (sister's always very busy it seems). My father has since died, and my sister would like to be an attorney for my mother now. I understand that in order to do this, my mother needs…
-
Power of attorney - what happens if it's processed in time?
I am in the process of doing the paperwork, but I have seen they can take 6 months. I have to have an operation soon and I am really concerned that the paperwork will not come back in time for the op. Will it still be valid? Is there anything I can do? I need to make sure that my partner has access to my (separate) bank…
-
Dividing assets during divorce process
Hi, not sure whether this is a stupid question! So my ex and I are divorcing (have the conditional order). We have agreed how we're splitting the finances and are both happy with that. However, I've had nearly all our money in accounts in my name only, for tax reasons, and it's mostly in restricted access accounts that…
-
Partner moving in - how to split outgoings
My partner will be moving in to my property and I'm looking to get advice on how the essential outgoings should be divided/paid. The intention is to get a joint bank account but our circumstances as different to the normal moving in and I'm unable to find similar posts online. To provide background (and any figures are…
-
Any benefits to a civil partnership?
Now that bereavement benefits have been equalised for cohabitating as well as civil partnered and married couples, asides from a tax break, is there actually any pragmatic benefits to getting civil partnered? We do have children, but also have wills in place.
-
Default on a mortgage after separation.
I've joined these forums in the hope that it might help a friend of mine. She separated from her husband and he left the family home about a year ago, but he continued to pay the mortgage and bills to support his 3 children. It has now come to light that he stopped paying the mortgage and bills 3 months ago but said…
-
Joint Mortgage: ‘Buying’ more equity from Partner
I joined onto my partners mortgage and we are now Tennants in common. A Declaration of trust is in place to protect their initial deposit and equity before splitting the profits; should we split and sell house.They now wish for me to ‘purchase’ this equity for cash in order to support a large purchase. So we can re-write…
-
Power of Attorney - Selling Dads House
My father has very recently gone into a care home and will not be returning to his house. I have POA for finance and am going to sell his house in order to fund his on-going care. He is of sound mind and able to make decisions even though he is 92 years old. However, I assume that as I have POA I can sell his house and…
-
Beneficial interest in the valuation of a home in LA care financial assessment
My widowed mother owns her own leasehold home outright. She
is in poor health and on a low income with no savings so we expect that she may
eventually go into a care home. After
about two years of living in a care / nursing home there will be no equity in
the home to pass onto her children as per her will. I understand…
-
Power of attorney query - replacement attorney
We’ve done LPA property and finance for mother in law 3 attorneys joint and severally together with 1 replacement attorney. OPG have validated the LPA and we’ve just going to register with a bank and we’ve noticed there’s an incorrect DOB for the replacement attorney. As they’re not the list of attorneys is this an issue…
-
Threshold for funding own elderly care
Hi Newbie to the site, In 2020 my father died, and as my mother had dementia we had to put her in a home. We sold their home and mothers half has been used to finance her care ever since. Our understanding was when her pot got down to £23,250 that she would no longer have to contribute beyond her old age pension. We've…
-
Power of Attorney
It’s got to the point now where our mother will be discharged from hospital, where she’s been for the past 6/7 weeks, into a nursing home. We’ve had a discussion with medical staff today and it’s decided this will be in her best interests as she can’t cope at home and the home would provide her with the assurance of 24/7…
-
Child Trust Fund cash locked away.
Just seen recent information posted regarding children with disabilities accessing money. My granddaughter has a trust fund with One Family. Question; given this issue should we continue to pay into it, or should we start another form of savings for her?
-
Witness Warning
I received a letter from the Crown court yesterday. It said that the courts take a dim view of witnesses that do not attend without good reason. Is this a standard letter issued to witnesses?. I'm giving evidence against my former husband for coercive control in August.
-
Holiday costs following relationship breakdown
Hi all. I'd like some opinions on the fair thing to do in this situation please. Booked a holiday for Aug 2023 with partner at the time but we have recently parted ways. We both paid £192 deposit and I've paid the balance of £1157 (a week before splitting up as luck would have it). We'd agreed that I'll go solo on the…
-
Multiple financial attorneys on LPA
I'm very much an LPA novice but various relatives are at the point of considering them and for some reason I'm getting asked questions so I'd like to help if possible - one key one for starters: If a person designates multiple attorneys on their financial LPA, does that mean by default they have to act together…
-
Taking one name from double barrel. Deed poll?
Hoping someone who has been through something similar will be able to advise. I got married last year and want to change my surname to my husband's name. The problem is that he has a double barreled name (hyphenated). In day to day and professional life he only uses the first part of the double barrel. My intention is to…
A place for mums with kids of all ages to discuss parent MoneySaving matters.
971 discussions
13.8K comments
Most recent: Money Moral Dilemma: When should I tell my son I can't afford for him to go to a private school? by pomcycle
26 September at 2:34PM
A place for dads with kids of all ages to discuss parent MoneySaving matters.
Get MoneySaving help at the time of bereavement - discuss wills, inheritance tax, estate planning and more.
For MoneySaving questions about taking care of your cat, dog, parrot or other animal companion, including vet fees and pet insurance.