We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Financial Assessment for Care Home Costs
WGG1848
Posts: 53 Forumite
Our mother has just gone into a care home following a stay in hospital following a stroke. She has now been diagnosed with severe dementia. The social worker advised she should go into a care home for her own personal welfware. We understand anything above £23,500 in savings is used to pay for this care. She does not have her own home.
However part of her saving is in a 'With Profits Bond' with the Prudential.
I have seen articles in the past which seem to indicate that this type of asset is not taken into account when her financial assessment is done, is this correct?
However part of her saving is in a 'With Profits Bond' with the Prudential.
I have seen articles in the past which seem to indicate that this type of asset is not taken into account when her financial assessment is done, is this correct?
0
Comments
-
If you ask on the over 50s board they will either help you or point you in the direction of help:
http://forums.moneysavingexpert.com/forumdisplay.php?f=260
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 354.4K Banking & Borrowing
- 254.4K Reduce Debt & Boost Income
- 455.4K Spending & Discounts
- 247.3K Work, Benefits & Business
- 604K Mortgages, Homes & Bills
- 178.4K Life & Family
- 261.5K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards