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Rainmaker_uk wrote: »Yes I have and I have no problem with paying a fair proportion of inheritance tax just as I have no problem with paying any of the myriad of other taxes.
This is not a question of inheritance tax this is a case of potentially taking everything someone has worked for their whole life if they need help. My point - they have paid for this service already.
I am not commenting on this thread again.
Your parents are not going to have everything "taken off of them" they are instead going to get what they have, exchanged for what they need. The only people who may possibly loose from this are you and your sister and the entire tone of the thread suggests that that is absolutely the only thing that you are bothered about:("there are some persons in this World who, unable to give better proof of being wise, take a strange delight in showing what they think they have sagaciously read in mankind by uncharitable suspicions of them"(Herman Melville)0 -
They would be paying for the care themselves because of their tax payments during their working life. Is that really so hard to understand?
Is it so really hard for you to understand that the tax payments they have made all their working life have been used for other things and were never destined to pay for their own care?
If you want care in old age to be a universal benefit then the level of taxes will need to rise.
Do you understand that?0 -
They should have got an education and worked
harder.
The cream always rises to the top.
Life is what you make of it.
If you have the right attitude and work hard you will earn a good living.
Mix that with a sensible lifestyle and anyone should be able to manage a good financially secure lifestyle.
The poeple who cry hard up are always the ones with too many kids, who smoke and drink too much and have all the latest gadgets that they can't afford - then they wonder why they can't support themselves.
Congratultions! You have won the award for the most cliches in one post!0 -
They should have got an education and worked harder. The cream always rises to the top. Life is what you make of it. If you have the right attitude and work hard you will earn a good living. Mix that with a sensible lifestyle and anyone should be able to manage a good financially secure lifestyle. The poeple who cry hard up are always the ones with too many kids, who smoke and drink too much and have all the latest gadgets that they can't afford - then they wonder why they can't support themselves.
What an absolutely terrible post.
What about someone who is capable of work but has learning difficulties and therefore cannot do anything other than the most menial job?
What about someone who is physically disabled and therefore limited in the type of work they can do?
What about someone who is doing a totally necessary but low-paid job (nursing or care assistant for example)?
Someone has to wipe your backside in this free care home you want for your parents. Someone also has to clean it and cook the meals and do the laundry. Should they then be denied care themselves because they have never earned enough whilst caring for others to save much for themselves?
My son's girlfriend (who has a disability) is a cleaner in a care home, on minimum wage, she works full-time. She does not smoke, drink, gamble or take drugs. Let's deny her any help from the State when she is old shall we, because she can't afford to save much or pay as much in tax as some other people?
How selfish.
(My husband and I have also paid into the system all our lives, your parents are not the only ones, you know).(AKA HRH_MUngo)
Member #10 of £2 savers club
Imagine someone holding forth on biology whose only knowledge of the subject is the Book of British Birds, and you have a rough idea of what it feels like to read Richard Dawkins on theology: Terry Eagleton0 -
How is street cleaner, on minimum wage, going to be able to do that?They would be paying for the care themselves because of their tax payments during their working life. Is that really so hard to understand?The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark0 -
And who is going to do all the low paid jobs, like the ones you won't do? They can't all be brain surgeons, rocket scientists and bankers.They should have got an education and worked harder. The cream always rises to the top. Life is what you make of it. If you have the right attitude and work hard you will earn a good living. Mix that with a sensible lifestyle and anyone should be able to manage a good financially secure lifestyle. The poeple who cry hard up are always the ones with too many kids, who smoke and drink too much and have all the latest gadgets that they can't afford - then they wonder why they can't support themselves.The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark0 -
What care have they paid for, this is nothing to do with care, it is to do with accommodation. Why should you or I, or any tax payer, pay for another home for them?How is it sponging when they have already paid for the care with the taxes they have paid during their working life?
You talk a lot of romantic nonsense - this is real life and I'm sure if you actaully had anything to leave your kids you would want to look after their financial future.The greater danger, for most of us, lies not in setting our aim too high and falling short; but in setting our aim too low and achieving our mark0 -
My mother brought us up as a single parent and worked all her life to ensure we were provided for. She would like to ensure that the maximum amount possible, that she has worked so hard to save, is passed on to my Brother and I in the event of her death.
She is currently 67 and in good health, owning her own 2 bed house worth around £150k and lives alone.
All of her hard work has gone into paying for her house, which is mortgage free. Naturally she's concerned about what happens if she does need care.
We've both told her that we'd be happy for her to live with us, should she need care, rather than going into a care home (a prospect that terrifys her). After all she has looked after us for all the time we were growing up, so it's our turn now. In order to make our houses suitable for her to stay we may have to extend the house or add an annex, potentially with some of he proceeds from the sale of her current property as we would not have these funds ourselves.
The home care would presumably involve us having NHS providing trained staff to visit, but it's not social care as we provide the accommodation? I'm not quite sure how all that works, does anyone have information or links about providing care at home?
If she was to sell her house in order to live with her family to receive care what does that mean in terms of her assets? Some of this will presumably pay for NHS visits as required.
Also, if she was to live with us for some years in this manner, but then requires full time care would the council view the previous disposal of the house and investment in extending her children's property as disposal of her assets? or would she be means tested on the remainder held in her savings/investments?
And before I get the standard 'why should other tax payers fund her old age' comments, I'd like to point out that is what we are trying to avoid. She doesn't want to go into care, and has told us she'd rather die. Naturally we'd rather that didn't happen.
And yes, I will admit it would be nice to have something left of the investments she's made in her life to pass on to us and her grandchildren, rather than see it eroded to pay for her care, I don't see that as selfish.0 -
Lot's of people have this "I'd rather die than go into care" attitude.
Firstly, have a look at some care homes now so that you can persuade her that they arn't dreadful Victorian workhouses.
Secondly, whilst there, have a look at some unfortunate folk with dementia and ask yourself if you could look after someone in that situation.
Having done that you may have some different questions.0 -
As a single woman your mother probably has something like a one in three or one in four chance of needing residential care - ie needing someone on the premises more of less 24 hours per day. The state will provide a tax free Attendance Allowance, the career might qualify for some sort of carer's allowance and "day centre" or "respite" care might be available. Fortunately dementia is not statistically inevitable and not all brain damage produces an angry harridan - some go for "second childishness and mere oblivion".
Putting someone into a home, who has failing memory and mental facilities is not a very kind thing to do as it is the recent knowledge that is lost first - it is like going through the family photo album and tearing our random pages as you work backwards.
You could try reading a book "Contented Dementia" criticised here:
http://alzheimers.org.uk/site/scripts/documents_info.php?documentID=674&pageNumber=80
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