Care Home Fees, Deprevation of Assets and buying a car

sloughflint

EdInvestor wrote: »

It's not gifts for house deposits (to enable a child to buy) that would cause a problem, it's attempts to transfer ownership of the parental home so as to avoid it having to be sold to fund care that potentially fall under DoA.

Reading the factsheet,

• a lump sum payment such as a gift or to pay off a debt;

is one example used.

So I'm back to being confused as to why Errata's example is ok at age 60 but not a cash gift to help a child or grandchild at the same age when the stroke was equally unforseeable if LAs can go back indefinitely in time.

Errata

sloughflint wrote: »

Reading the factsheet,
is one example used.

So I'm back to being confused as to why Errata's example is ok at age 60 but not a cash gift to help a child or grandchild at the same age when the stroke was equally unforseeable if LAs can go back indefinitely in time.

Setting aside the tax implications, if I wanted to give my property to a relative or even Gordon Brown there's nothing to prevent me. The key is whether that would be a deliberate act on my part to ensure I had no money to pay for any care I might need at some hypothetical time in the future and would require LA funding.

The majority of older people don't need residential care and it's becoming less common now.

sloughflint

Yes, I've just been rereading that factsheet. It's the proving that it's deliberate that is key.

sebastianj

This is a mine field, it is possible to question someone what he earned prior to him being sick and not just where all the money went but also why did he spend it??

As Sloughflint says , they can go back indefinitely, if some one has a family history of ill health, may be they will be told not to have holidays in case they needed care later in life.
I am confused
seb

margaretclare

sebastianj wrote: »

This is a mine field, it is possible to question someone what he earned prior to him being sick and not just where all the money went but also why did he spend it??

As Sloughflint says , they can go back indefinitely, if some one has a family history of ill health, maybe they will be told not to have holidays in case they needed care later in life.
I am confused
seb

DH has been an insulin-using diabetic these many years, and there are many spin-offs from that. I had a heart problem in 1989. My reaction to all this would be: I can't live my life along these lines. I intend to live life to the full. I worked damned hard for many years for what I have now, I'm still saving because we don't know what is coming down the line, but I also intend to enjoy life as much as possible. DH and I live simply, but we live comfortably and well. Anyone who tries to tell me what to do and how to live - I'll see them in hell first. We've both lived on this planet long enough, and played our full part in work, family etc, not to be told what to do by anyone.

EdInvestor

sebastianj wrote: »

As Sloughflint says , they can go back indefinitely, if some one has a family history of ill health, may be they will be told not to have holidays in case they needed care later in life.
seb

This kind of thing should be ignored.Very few people go into care (around 6% of those over 65) and the numbers are falling as more help is provided to stay at home or in sheltered accommodation.

sebastianj

Margaretclare what you say is right but unfortunately when you are in need of help, you may not be in control of your faculties and someone else may have to try and stand up and fight your case. As EdInvestor says , may be we will never need any such help but it is a worry, how it may effect our loved one's.
rgd
seb

margaretclare

sebastianj wrote: »

Margaretclare what you say is right but unfortunately when you are in need of help, you may not be in control of your faculties and someone else may have to try and stand up and fight your case. As EdInvestor says , may be we will never need any such help but it is a worry, how it may affect our loved ones.
rgd
seb

It is only a worry if you choose to make it a worry. DH and I already do 'stand up and fight each other's case'. I cannot waste what is left of my life in worrying about what may never happen.

Errata

Quite agree Margaret. If people worried about things that might never happen they would never marry in case they got divorced or have a child in case it turned into a drug addict.

sebastianj

Thanks Eratta, Margretclare, Think I have been misunderstood, I am not worried about any thing. Example, if my dad left me something which I needed very much (house, money) etc. Then he had a stroke and needed care and council now wants it all back from me, this can be very stressful. Keeping that in mind I was just asking how other forum members thought about this matter.
rgd
seb