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Cameron protects OAP benefits till 2015
http://uk.news.yahoo.com/cameron-protect-oap-benefits-150859375.html
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MHA 117 and fees.
My mum is shortly to go into a home and on reading her care assessment plan, they say she needs MHA 117 aftercare. I thought this meant that her care should be free but she is having to self fund it. She will be moving into a different authority and area this week. I telephoned the alzheimers society and they said she…
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Boots over 60's
Hi all, brought some boots branded items for my parents today. My dad has a Boots card he is over 60, I only just looked at the receipt when I got home, does he not get 10% discount on all boots items? Thanks
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Tennants in Common 10/90% split
My mother has been advised to put her house in hers, my sisters and my names, 10% to her and 45% each to me and my sister. This is as tennants in common. The property is held in trust in her will and it is the way the will is written. If we should predecease her there is a conditional declaration reverting the ownership…
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Top up fees request from Adult Social services
Following on from the threads about selling homes and self funding for Nursing home fees..not residential ..This applies to Nursing home Does anyone have a family member in a Nursing Home that is subsidised by Adult Social services in their area and has been asked to guarantee a top up this year as the fees have increased?…
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Signing house over to children before care
Hi folks can anyone help with the rules of signing the house over to the children in case care is needed and having to sell the house to pay for it........don't know where to post this.......where do I stand........?
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Planing for getting older, what have you done?
Living quite happily on my pension but wondering if there are things I should be doing now to make life easier as I get older. What have you or do you plan to do make life more comfortable in the future? I don't want to look back in say 10 years and wish I'd done this that or the other.
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How much power does an Executor have?
I am the Sole Executor of my mothers Will. There are six of us as Beneficiares. I have done Probate and kept everyone informed all along the way. There is a house to sell that is the major part of the assets to distribute between the six of us. This was put on the open market after all were contacted but none replied--even…
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retierment village
At the moment we live in a house up & down, which is fine but we have always said that our last move will be a bungalow. Another idea i had was living in a retirement village, has anyone had any experience of that? Thanks
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Care Home and Savings
Hello, Can anyone be a bit more clued up on this give me some guidance. My aunt is currently self funding in a care home, she has sold her property and now has considerable savings in excess of £150k. Now she wants to give some to the nieces and nephews, not sure of the amounts but around £2k each as gifts. We've told her…
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maximising our future potential
We are both 59yrs old, and have a house worth £120000, and my father has recently placed his £160000 house in trust to myself. We have an interest only mortgage at £36 per month with £8000 outstanding running till Feb 2015. We have a £10000 outstanding loan running till June 2016 at £280 per month. We are not now reducing…
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When I get Older
I know its not really money saving but did anyone see the two programmes this week about the elderly on t.v. I wonder what you all thought about them.Money seemed to be the root of most of the problems and the lack of it for care.I know it was 'made-for -t.v.' but I found it strange that the lady with five children had an…
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Funding a retirement home: the Deferred Payments scheme
My father (87 years old, blind and physically handicapped but mentally perfectly sharp) is no longer able to live alone, even with twice-a-day carers, and has decided to go into a retirement home. He owns his own bungalow (with no mortgage) which has a market value of some £170,000. He has savings of around £16,000 and no…
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Anyone know who sells flight only insurance for pensioners?
Hi, we are pensioners who have family in Australia. We don't want to travel without insurance but are also aware of the reciprocal health agreement when in Oz. We ave been befor and the insurance alone is around £1000 for us!! If anyone knows a way you can just get insurance for the flight, to cover for any unexpected…
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Power of Attorney guide discussion
Hi, we've written a new Power of Attorney guide to help people plan ahead, and we'd love your feedback. If you've set up power of attorney, what are your practical tips? If you're already an attorney for someone else, what practical advice do you have for others? Do you have any other questions you'd like answers to?…
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Give me patience, please!
Just come back from visiting aunt, soon to be 87. 300 miles away at other end of country and necessitating a stay in Premier Inn ( £98 + petrol). All I had was how she can go a week without speaking to anyone, how the neighbours have all changed etc etc . However, she also tell me how a lovely lady is trying to get her to…
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Power of Attorney....
don't you just love it when friends think you're the only one computer literate (comes from all the great tips I pass on from here...lol) anyway question is: Is there a way of deciding who has POA? Situation appears to be...elderly adult, some savings, pensions regularly paid into bank, being "looked after" by stepson, who…
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State funded long term health care eligibility risk
In the recent Money Tips email the advice made was "Got a partner? Save in the lowest taxpayer's name" This got me to thinking, if say, one partner, let's say Mr A, puts all his savings (£50K) in his partner's name, let's say Mrs A, and then Mrs A becomes unexpectedly ill and has to go into long term health care. Does Mr A…
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Hop on your bike OAP. No more taxpayer funded bus-passes for pensioners!
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Joint finances
For the whole of our happy marriage we have had joint bank accounts. I have earnt a good deal more than my husband, and now have a reasonable pension and pay for three quarters of our expenses. No problems up to now. It is increasingly obvious that my husband is getting very forgetful . In the worst case scenario, if he…
