how can you avoid house u own paying for nursing home fees

marklv

jammiev wrote: »

hi, my mum and dad currently live at home but as they are getting on a bit and are both retired and own there own home have asked me is there a way of them avoiding having to pay the nursing home themselves ie; it coming out of the house?

they have read somewere you can go to a solicters who can sort it for about £1000 but it takes 8 years before it comes into effect!

anyone help?

thanks

My suggestion: please ignore any recommendation made on this forum, as this is an area that requires professional advice. As a first step, I suggest you make an appointment with your local citizens advice bureau, who can provide initial advice free of charge, however you will probably need the assistance of a legal and/or financial adviser for the fine details.

There are still ways of legally avoiding paying most nurding home fees, but it needs to be done with care and attention. By the way, have you suggested to your parents that they might be sensible to start contributing to a care plan, if they can afford to?

marklv

kittie wrote: »

surely it is a matter of pride to make provision to pay your own care fees. Who should pick up the bill? the struggling tax payer?

Your post is unnecessary and offensive. People are perfectly entitled to find legal ways of avoiding paying taxes and fees that should be covered by the government. I would do the same.

marklv

Newly_retired wrote: »

Whilst one of them is still living in the home, it cannot be used to pay fees for the other one in care.
If they are tenants in common, when one partner has died, and their share is left to the children, presumably in trust so that the surviving spouse can carry on living in their own home initially, then when s/he goes into a care home the house is virtually unsaleable as you can't sell half a house.
In my parents' case, after Dad died, Mum chose to go into a care home and the fees were paid for initially out of Dad's estate and then the sale of the house. You could say I "got lucky", financially speaking, as she died after just 8 months.

That's all very well, but what if the couple holds substantial liquid assets as well?

marklv

bendix wrote: »

Precisely. It's always the same with these kind of posts written by the kids. There is this 'caring' tone about what will happen to their parents, but the underlying subtext is very very clear indeed.

"I want the state to pay for my parents healthcare, so I can get my hands on my inheritance. Cos it's all about me. Me me me me me me me."

Modern life - don't you just love it?

And what is wrong with that? These days millions of people will need to rely on inheritances in order to retire with a modicum of comfort, as the state pension is such a pittance and paid later than ever. As for 'caring', that needs to be done by the NHS, not by the children, for God's sake! :mad:

Torby

Devils Advocate hat on here....

who is it pays into the system for economic migrants, third generation benefit receivers and people who have never once paid into the system?

me and you....

and who pays for those that need it come retirement age having paid into the system all their lives and already have been taxed to the hilt on everything they've earned...

me and you (although its like a double tax this time)

if you worked hard all your live (presumably as a home owner they have) and paid your taxes on EVERYTHING, why shouldn't yo be allowed to enjoy your retirement (or whats left) and if you wanted to dispose of something you worked hard for all your life...why shouldn't you be able to "gift" it to your children?

Why "complain" about having to pay for it as "taxpayers"....there are other things our taxes are used for...to build a system for everyone (even those who dont contribute), keeping young men in Afghanistan, where lives are lost daily, keeping MPs in luxury with bogus claims....perhaps letting someone who has worked hard all their lives AND pay taxes should be allowed to dispose of their assets how they see fit?

marklv

Torby wrote: »

Devils Advocate hat on here....

who is it pays into the system for economic migrants, third generation benefit receivers and people who have never once paid into the system?

me and you....

and who pays for those that need it come retirement age having paid into the system all their lives and already have been taxed to the hilt on everything they've earned...

me and you (although its like a double tax this time)

if you worked hard all your live (presumably as a home owner they have) and paid your taxes on EVERYTHING, why shouldn't yo be allowed to enjoy your retirement (or whats left) and if you wanted to dispose of something you worked hard for all your life...why shouldn't you be able to "gift" it to your children?

Why "complain" about having to pay for it as "taxpayers"....there are other things our taxes are used for...to build a system for everyone (even those who dont contribute), keeping young men in Afghanistan, where lives are lost daily, keeping MPs in luxury with bogus claims....perhaps letting someone who has worked hard all their lives AND pay taxes should be allowed to dispose of their assets how they see fit?

Indeed. It is the government that needs to do more in this area - the term 'taxpayers' is meaningless because we don't have the right to pick and choose what our money is spent on. If we did, I would not allow my taxes to spent on useless overseas wars on behalf of the Americans, or subsidising huge immigrant families on welfare.

bendix

Careful marklv, in several posts recently your true views are popping out. Are you dervish in disguise?

bendix

Anyway, moving away from the discussion on economic migrants and illegal immigrants, let's get back to the core issue.

If you have the means to pay for your old age care, you should do it. It's a matter of pride.

But what the OP is doing, is trying to pass the buck to the state, so that he/she can benefit from the inheritance.

If some of you think that's ok, well good luck to you. I guess you have different moral standards to those I hold.

Torby

"Anyway, moving away from the discussion on economic migrants and illegal immigrants, let's get back to the core issue."....

...I'm afraid that IS the core issue for a lot of people...why should you have to pay, when a substantial portion of the country doesn't?



I think it all comes down to "double taxation" by stealth....

paid for it once, paid tax on it...it should be exempt from further taxation and you should be able to do what you want with it....

think of it another way....

you work hard all your life, pay taxes, buy a property, pay taxes on it, become ill, home has to be sold to provide care, family don't get the benefit of your hard work, they may never even need care themselves....

you end up sitting in a stinking comode chair the rest of your days...alongside an elderly economic imigrant/3rd generation benefits type person....who yet again ends up "financially" better off than you....thats just not right in my book

the government needs a kick up the behind...and the sooner the better

[Deleted User]

marklv wrote: »

Your post is unnecessary and offensive. People are perfectly entitled to find legal ways of avoiding paying taxes and fees that should be covered by the government. I would do the same.

The uk is full of spongers and those tax payers who have to pay. I am in the camp that can hold its head up with pride as I have no intention of sponging, I will use my savings and equity in the house if needed. It is time for us to speak up

If you find my post offensive then that is your problem