Signing over house, savings (etc.) to sons to stop the Government getting it

Cranny44

Oops forgot to say if you have the assets transferred to you and your brothers and then get divorced yourselves the property will become part of the divorce settlement and then an ex partner benefits

Andy_L

margaretclare wrote: »

we're going on a 4-night Christmas break to a country house hotel in the Midlands. We'll be able to do our own thing, go to a carol service at Coventry Cathedral, spend time in the heated indoor pool in the hotel's leisure centre.

None of the options we have now would be available to us if we hadn't got savings.

Well that sounds better than my xmas plans, do you need a bag carrier?

property.advert

I say hide any assets away and get the state to pay. People have paid in and the state has mismanaged it. Why should they then pay again ? It is baloney to suggest people use what they have put away, mostly in property and take a chance that they die quickly before it is all gone.

If some want to pay (again) then go ahead, I won't stop you but don't force others to follow suit. Go blame robber Brown if you want for destroying nigh on all company pensions (with help from pension funding holidays I admit) but leave people's property alone.

margaretclare

Fire_Fox wrote: »

Can I suggest that the OP introduce her mother to some 50+ fitness classes, chair-based exercise, a walking for health group or Tai Chi class? A large proportion of the physical decline that we call old age is simply a case of 'use it or lose it'. I read of one study showing that Tai Chi is associated with a 50% reduction in falls (falls = fractured hip = never walk unaided again), another study where twelve weeks of very basic strength training allowed some elderly folks to discard their walking aids ... :T

If you think this advice only relates to the older generation think again. A large proportion of over 50s cannot rise out of an armchair unaided - that is without using their arms to push. If you struggle to lift your own bodyweight using the strength in both legs, how long before you cannot lift your own bodyweight using the strength in one leg at a time (climbing the stairs)? How long after that before you cannot lift the weight of your own leg to propel yourself forwards (walking)?

This is excellent advice. Recently we went on a Diabetes Support weekend and one of the sessions was by Steve Halls, who works with various disabled groups as well as being a personal trainer. His point was very much 'use it or lose it'. https://www.stevehalls.co.uk

It is now known that resistance training - working with weights - can regain some of the lost muscle. I go to a local sheltered housing complex where they have a weekly chair-based fitness class run by a trainer who works mainly for the local football club. I also go to aqua-aerobics and adult beginners' swimming. Would I be able to get to any of those sessions if I was on basic means-tested state benefits - no, certainly not, because we shouldn't be able to afford the car and it would be impossible to get there by bus.

margaretclare

I say hide any assets away and get the state to pay. People have paid in and the state has mismanaged it. Why should they then pay again?

So you didn't read what Cranny44 wrote above regarding the legal teams who ensure that property and assets which are hidden can always be found out.

'People have paid in'. Well, having paid taxes for half a century I am aware that I paid for NHS care and I believe that DH and I have had our money's worth out of that, certainly over the last few years, we've had a lot of complicated and expensive surgery between us. What I am NOT conscious of is that I ever paid a penny-piece for long-term residential care, and I thought that this was what was being discussed here.

Errata

People have paid in

They cetainly have, which is why this country has roads, schools, hospitals, an army and many other things. National Insurance isn't ringfenced, nor are taxes.