Inhertitance - Care homes get it!!!

CLAPTON

AdamS wrote: »

Maybe its a good think my reply was accidentally lost by laptop misclick! arrggggh

If the concensus is blow your money have a good time you'll get the free care if you need it, then fine.

However, I cant believe the number of people quite willing to see family money go to care homes, which millions of others get for free and we could all get for free if we all rented, lived off pensions and enjoyed every other spare penny to the very last!

I dont think 1 - 10 end up in a care home, Ive had 4 gran parents in care homes out of 6.

If we get medically ill and end up in hospital we dont have to sell our houses, why should we do so for care in old age when we are too ill to look after ourselves?

Certainly why should we pay when millions get for free (for whatever reason).

IMO, anyone who has a house worth under the average house price should not have to sell it to pay for care, so lets say £170,000. If parents have bought that house, the kids have a right to it IMO!

Now if you dont mind selling your house to pay for your own care while others who think about it and enjoy every penny to the last get it free ((and say i sell my house for £170K and save £20K back up money, £150K buys me a lot of holidays and fun!

My final days care might not be as good as someone paying for care (bless them after having the extra stress of raising the funds and selling house), however theres a chance we will still be on the same level of care. I might not even be aware of any difference in care levels, lets face it, I might hate being in care, whether luxuary or not.

you forgot to say you were perfectly willing to pay a more tax now so that other peoples home can be inherited by their children.

dunstonh

However, I cant believe the number of people quite willing to see family money go to care homes, which millions of others get for free and we could all get for free if we all rented, lived off pensions and enjoyed every other spare penny to the very last!

I dont think you have grasped the difference between local authority care and private care.

I dont think 1 - 10 end up in a care home, Ive had 4 gran parents in care homes out of 6.

The figures support 1 in 10 on a wider sample then just 4 grandparents.

why should we do so for care in old age when we are too ill to look after ourselves?

And how do you propose the country pays for it?

Errata

IMO, anyone who has a house worth under the average house price should not have to sell it to pay for care, so lets say £170,000. If parents have bought that house, the kids have a right to it IMO!

That's probably the house that cost £5k when they bought it, and they did nothing to increase it's value except live in it.

lisyloo

IMO, anyone who has a house worth under the average house price should not have to sell it to pay for care, so lets say £170,000. If parents have bought that house, the kids have a right to it IMO!

Can you explain why you think these people should get their care for free at the expense of other tax payers?

Pupnik

I think it is a bit of a shame- my grandfather (now 90) was fit as a fiddle until 2 years ago when he suffered a stroke. Prior to that he had been very proud to have come from his small farming village in Poland, joined the British army in WW2 and met a British woman and eventually been able to buy his own semi to raise his family in which he lived in for many decades. He always liked to tell us how much he was saving up so that when he died each grandchild would get £10,000 and would always instruct us to go to the building society to get it out before his body was even cold because he did not want the authorities to get it (very typical of him!) A lot of people on this thread are assuming that it is the children/ grandchildren who are the ones most likely to complain about their savings/ house being used to fund their care but that isn't always the case- people like my grandfather are very keen to leave a financial gift for their loved ones. I suppose it is lucky that he now has dementia and he probably does not remember any of his grand plans, but I find it a terrible shame that he did not really treat himself or even his family (£10 for the table at Christmas time) as savings were so important to him so that he could provide an inheritance.

Errata

CLAPTON wrote: »

you forgot to say you were perfectly willing to pay a more tax now so that other peoples home can be inherited my their children.

If I could thank you twice for that, I would. That's the reality which people who live in cloud cuckoo land will never understand.

CLAPTON

Pupnik wrote: »

I think it is a bit of a shame- my grandfather (now 90) was fit as a fiddle until 2 years ago when he suffered a stroke. Prior to that he had been very proud to have come from his small farming village in Poland, joined the British army in WW2 and met a British woman and eventually been able to buy his own semi to raise his family in which he lived in for many decades. He always liked to tell us how much he was saving up so that when he died each grandchild would get £10,000 and would always instruct us to go to the building society to get it out before his body was even cold because he did not want the authorities to get it (very typical of him!) A lot of people on this thread are assuming that it is the children/ grandchildren who are the ones most likely to complain about their savings/ house being used to fund their care but that isn't always the case- people like my grandfather are very keen to leave a financial gift for their loved ones. I suppose it is lucky that he now has dementia and he probably does not remember any of his grand plans, but I find it a terrible shame that he did not really treat himself or even his family (£10 for the table at Christmas time) as savings were so important to him so that he could provide an inheritance.

indeed so

do you also fondly remember him saying he was very very keen to pay more tax during the time he was bringing up the children and paying the mortgage so we can all have an increased inheritance from our parents

lisyloo

pupnik - your grandfather sounds great.
But at the end of the day someone has to pay for the care.
Either families through their taxes or the individuals as they do now.

despite being a lovely man what he suggested is actually illegal - it's called deprivation of assets.

[Deleted User]

pupnik, people like your grandfather didn`t just save in order to give an inheritance. My father was similar in that he came from a small farming village in poland and joined the army in 1939, fighting throughout the whole of ww2. He had to stay in the uk as he couldn`t go back as he would have been shot by the russians. Anyway long story. Their lives were very very tough, so hard in fact that we don`t know the half of it. They saved so that they would not get in debt and they needed the security of a safety net

My view on inheritance and care homes is that I do not expect anyone to have to pay for my care or my dh`s care. I understand your thoughts pupnik but your grandfather would have been very ashamed to think that his care costs came from the pockets of hard working young people. He will have had his pride, like my dad and you will not have known his secret thoughts

Amber_Sunshine

AdamS wrote: »

If parents have bought that house, the kids have a right to it IMO!

My mum's house is hers, not mine. She is likely to need care at some point in the not too distant future. I would rather every damn penny went to make sure that she was comfortable and well cared for by people who can cope with her needs.

Is it fair that I might not inherit anything? Fairness doesn't come into it. It's not mine, I have no 'right' to it, I might get something if she chooses to leave it to me. Then again, I might not. Anyway, I'd rather have my mum than money.

Besides, I take a pragmatic view on the subject - the public purse simply cannot afford to support an increasing elderly population in need of care.