Advice with 24hr care....

leftinamess

Morning,


I don’t know if anyone will be able to help with this one but here we go…

Unfortunatly my mother is ill in hospital, between me and my brother we have cared for her for the past 15 years (whilst working full time and bringing up a family) but it has now got to the point were she is going to need 24hr care as she is very stubborn and wont do as the staff say at the hospital and is genrally not all there but can pass a mental assesment (she is 84)

What I am wanting to know is she will be going into a care home which she will be self funding at an astronomical amount of money a week! Is there anything we could do to protect some of her small amount of money before it gets eaten up in care home charges.

If anyone has any advice that would be much appreciated but to see all my mum and dad worked for all there life go up in smoke when it would be free if we were scottish I just think is crazy.

Thanks

Savvy_Sue

leftinamess wrote: »

Is there anything we could do to protect some of her small amount of money before it gets eaten up in care home charges.

tell us how much this small amount is, you may find she won't be self funding at all or for long.

However, all the time she is self-funding you (and she) have choices. I'd use those choices to make sure she's getting the best possible care and is happy. If she's not self-funding, you have very few choices.

leftinamess

Hi its 100k

i thought that might be the answer, just feel a bit shocked have a load of forms to fill out about all her finances looks like they will swallow the lot.

QuackQuackOops

Why should other people pay to look after your Mum if she has the money herself? Its the same as saying "Will you pay for this for me because I want to save my money to give to someone else?"

Mojisola

leftinamess wrote: »

Is there anything we could do to protect some of her small amount of money before it gets eaten up in care home charges.[/FONT]

leftinamess wrote: »

Hi its 100k

Wow! 100k is a "small amount of money"!

There's no way no of protecting that money. Your mother will be self-funding until her capital drops below £23,500. I don't think she would get it for free in Scotland - http://scotland.shelter.org.uk/get_advice/advice_topics/paying_for_a_home/paying_for_care_and_support/paying_for_a_care_home

Make sure she is claiming everything she is entitled to - pensions, saving credits and AA.

Torry_Quine

leftinamess wrote: »

Morning,


I don’t know if anyone will be able to help with this one but here we go…

Unfortunatly my mother is ill in hospital, between me and my brother we have cared for her for the past 15 years (whilst working full time and bringing up a family) but it has now got to the point were she is going to need 24hr care as she is very stubborn and wont do as the staff say at the hospital and is genrally not all there but can pass a mental assesment (she is 84)

What I am wanting to know is she will be going into a care home which she will be self funding at an astronomical amount of money a week! Is there anything we could do to protect some of her small amount of money before it gets eaten up in care home charges.

If anyone has any advice that would be much appreciated but to see all my mum and dad worked for all there life go up in smoke when it would be free if we were scottish I just think is crazy.

Thanks

£100K is not a small amount of money. :eek: There is no legal way of protecting her money, she will need to use it to pay for her care. They won't take it all though, once her money drops then the local authority will partially fund and further on she will be left with some savings.

Also as Mojisola said she would still pay in Scotland, usually just as much if not more than elsewhere.


The decision to go into a care home though is hers (unless mentally incapacitated) so she can't be forced even if her health is such that it is the best option.

margaretclare

leftinamess wrote: »

Hi its 100k

i thought that might be the answer, just feel a bit shocked have a load of forms to fill out about all her finances looks like they will swallow the lot.

No, of course 'they' won't swallow the lot (who are 'they' anyway?)

It will take time for care bills to make an impact on this large fortune of £100K, during which time it can be increasing if wisely invested. In addition, she has pension income and attendance allowance, which can be set against care bills.

£100K a 'small amount'? Most of us would say: I should only be so lucky!!

In any case, if her fortune diminishes to - I think - £26,000, she will not be self-funding any more but can have recourse to public funds.

leftinamess

Lol! I hit one to many zeros but all your replys have answerd my question so thankyou it should have said 10k x

Mojisola

leftinamess wrote: »

Lol! I hit one to many zeros but all your replys have answerd my question so thankyou it should have said 10k x

In that case, she won't have to pay towards her care.

Torry_Quine

leftinamess wrote: »

Lol! I hit one to many zeros but all your replys have answerd my question so thankyou it should have said 10k x

Then she will be funded by the local authority. Although the vast majority of her pension will be taken to fund her care leaving her approx £22 per week for personal use.

Also if she currently gets AA that will stop.

SandraScarlett

I don't know why people are amazed that she could have £100,000, even though I know you added an extra nought! When my Mum had to go into a care home, 23 years ago, she only had about £1,000 - but she had a house. And that had to be sold, and the accumulated fees were deducted from the proceeds of the sale.

When the house was sold, the balance of the money went into her bank account to fund the remaining years she was in the home. Fortunately, the interest rates favoured savers then, but anyone in the same position now, would be hard pushed to "invest wisely", as someone suggested and get sufficient return on their money to fund care home fees!

My Mum was paying £1750 a month in 1996 (Epping, Essex) and I have no idea how much the fees are now, but if you have £100,000, it's not going to last indefinitely.

Unless people are in the position of looking into Care Homes, they have very little idea how much they cost - and why should they? But if people don't have their own home, and have stuck their money under the mattress, or had a great life and spent it all, they're far better off!

xx