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

uberalles

My view, although it can depend on individual circumstances I guess, are this.

Anybody who has contributed all their adult lives, by way of paying taxes and NI on money they earned from working, should not be expected then to be penalised by having to use funds tied up in assets to pay for their care.
They surely should not be forced to contribute twice.

If this is still the case when I retire then I will be selling up and enjoying my hard earned money before the state seize it.

Any dependants I had would therefore not automatically inherit my assets when I die, although I may choose to spoil them a little. They certainly would not be expecting it, as some people I know of do.

I would expect, as already mentioned, that any children would look after me rather than put me into a nursing home. Not all nursing home residents require nursing in the true medical way we may think they do. We will be doing this with our elderly dependants if and when the time arises.

Some private nursing homes are charity funded and really run rather well, in an area, for the people of that area.

dunstonh

In the 19th century care was not an issue, because only a tiny proportion of the population lived long enough to need it.

That is still the case now. Only a small minority end up going into care homes or require local authority care.

MissMoneypenny

seven-day-weekend wrote: »

Luckily we also have a home in Spain and that (or the money from it) can be used to pay any fees that may be necessary. We don't care what happens to that one. Hopefully this will generate enough money

Are you sitting down. The home costs just under 4k pm and the state pay her nursing bit of £500pm. So my mother pays just under 3.5k per month.

Torby

MissMoneypenny wrote: »

Are you sitting down. The home costs just under 4k pm and the state pay her nursing bit of £500pm. So my mother pays just under 3.5k per month.

Blimey....what happens when they sell your house and you only get £159,000 for it and you live for another 10 yrs....do they "boot" you out?

marklv

MissMoneypenny wrote: »

Some people in care homes, don't need nursing. Some people in nursing homes, only need some nursing, while others need full time nursing. The state pays for the nursing needs, although they are the ones who decide how much nursing is required.

My understanding is that the state only pays for medical care - i.e. surgery or drugs to treat medical conditions, work performed by doctors, and the necessary nursing care, but not the constant care that is related to extreme old age.

marklv

Torby wrote: »

Blimey....what happens when they sell your house and you only get £159,000 for it and you live for another 10 yrs....do they "boot" you out?

Presumably that's when the means testing kicks in. Moreover it is very unlikely for a home resident to live that long - the average is two years. The lady concerned seems very ill, so I doubt that she would have a life expectancy greater than that.

Torby

marklv wrote: »

Presumably that's when the means testing kicks in. Moreover it is very unlikely for a home resident to live that long - the average is two years. The lady concerned seems very ill, so I doubt that she would have a life expectancy greater than that.

don't like to say it but if they only live 2 years....where does the balance of the estate go then?

seven-day-weekend

MissMoneypenny wrote: »

Are you sitting down. The home costs just under 4k pm and the state pay her nursing bit of £500pm. So my mother pays just under 3.5k per month.

:eek: £3.5k a month? £42000 a year?? That is not usual, surely????

seven-day-weekend

Torby wrote: »

don't like to say it but if they only live 2 years....where does the balance of the estate go then?

To their heirs/next of kin, I assume.

Torby

I say it again....BLIMEY!