How can I sign a house over to my son?

[Deleted User]

JJ7 wrote: »

Did you buy it with the idea of paying for your care home if so required?

we did. We don`t want to be burdens to anyone and that includes taxpayers and we want to be able to chose our own care if ever needed. Platinum and not bog standard

techspec

dzug1 wrote: »

OK to put a bit of a slant on it: The 'State' equals you and me. Why should I pay taxes to subsidise pensioners who are by any reasonable definition 'rich' just so they can pass on assets to their ne'er do well kids and grandsprogs. The fact that they worked hard to become 'rich' is irrelevant.

Because if people who have scived all their lives, or blown all their money and assets on alcohol, gambling, drugs and fags can get FREE care, as can people with no money who wern't even born here - then why shouldn't people who worked hard, were responsible and saved all their lives?

pollypenny

techspec wrote: »

Because if people who have scived all their lives, or blown all their money and assets on alcohol, gambling, drugs and fags can get FREE care, as can people with no money who wern't even born here - then why shouldn't people who worked hard, were responsible and saved all their lives?

So how much do you suggest that taxes go up pay for this 'free' care?

We'd be effectively paying for any care we might need in advance. What about those who never need care? A refund?

fredsnail

My Grandad is in a care home and has been for over 3 years - he has dementia but was and still is adamant that his money and home were to go to family after his death.

However most of his money has now gone on care home fees and we are renting out his home to make his money go further. He is unaware of this and asks when will he get more help from the government because he's in the home full time and was a Japanese POW.

We had problems with 2 of the homes he's been in - the first was fantastic (or so we thought) more like a hotel than a home with nice surroundings and food. However after 3 months he was admitted to hospital with dehydration and the home refused to have him back due to the deterioration in his dementia (caused by the dehydration and a UTI). We were able to chose which home he went into next rather than being told - as some have said you should visit a number of homes to see the difference in quality as it really is quite an eye opener.

The second home changed management and the quality of care that he received nose dived in weeks and our complaints were dismissed by the management (although leaving people in soiled clothing is not acceptable care IMO). We were able to discuss moving him to a new home within a week rather than waiting for social care to approve a move.

Frankly although it would be lovely if all care was provided for free - there is not a bottomless pit - and I would much prefer (as would the other family members who's potential inheritance is currently being spent on his care) that Grandad gets the level of care he needs and deserves. It is a sad fact that the council run care homes we visited (and there are not many left) are of a much poorer quality than private ones (and some of those are appalling too).

Having his own funding has meant that he has had choices and options - which given the massive differences in quality of care homes is essential.

The question for the future though is that now many people are unable to get on the housing ladder - who will pay for their care?

The move to care for people in their own homes is a nice idea - but would not have worked for Grandad or many people with dementia because of the paranoia elements associated with dementia - they won't let people into their homes to "help" because there's nothing wrong with them and they don't need help. They think it's ok to put the bread in the washing machine and that if they talk to the presenters on the tv they will hear them. Or that the wires to the cooker/fire/telephone mean that people can hear their thoughts so they cut through them to stop their thoughts being heard. Or the hundreds of phone calls every day at all hours of the day to relatives is normal.

The battle you have to get any authorities to accept that something is wrong with someone who is able to pretend for a few moments that everything's fine is one that many families encounter - but they are always fobbed off. So how can the vulnerable get the assistance they do need even if they can't understand that they do.

Lokolo

This thread started in 2007....

the_lace

Lokolo wrote: »

This thread started in 2007....

And? It is clearly still relevant.

techspec

pollypenny wrote: »

So how much do you suggest that taxes go up pay for this 'free' care?

We'd be effectively paying for any care we might need in advance. What about those who never need care? A refund?

Refund? Talk sense - free care for all and a standard pension for all.

As for taxes - we clearly are being over-taxed as it is - other wise Cameron would not have £4 billion for Ireland, £745 million for Pakistan, £5 Billion for Portugal etc, etc. So penty of money spare by all acounts.

Rounding up tax dodgers would be an idea too.

sile001

My son and family have returned to the UK after several years abroad. I'm alone in a large house so it makes sense that they come here. He's keen to take on the house (his childhood home) so as to keep it in the family. I'm 60, in receipt of DLA, IB and IS. Also, would building in a lifetime tenancy protect my own future?

I should add the house is worth between £50-70k

Savvy_Sue

sile001 wrote: »

My son and family have returned to the UK after several years abroad. I'm alone in a large house so it makes sense that they come here. He's keen to take on the house (his childhood home) so as to keep it in the family. I'm 60, in receipt of DLA, IB and IS. Also, would building in a lifetime tenancy protect my own future?

I should add the house is worth between £50-70k

sile, you have a lot of things to think about here: I know DLA isn't means tested, and I don't think IB is either, but I believe IS is, so having other people in the house will affect that, and (obviously) you'll lose your single person's council tax discount.

And that's just (part of) the finance - I don't know enough about the long term implications of this, I would strongly recommend you get good professional advice, and so should he (independently).

But on a day to day level, do you get on well with his partner? How old are the children? how large is the large house? is it in a good state of repair? could you make a granny flat? You're on DLA - what's your prognosis?

There are other threads about elderly parents moving in with their children (not that I'm saying 60 is elderly, but you get the point), and sometimes what's said makes most of us scream 'don't do it!' If your relationship with the mother of your grandchildren isn't rock solid, it's a nightmare waiting to happen. IMO, of course.

Even if it IS rock solid, will it stand sharing a kitchen / bathroom / lounge? with her and the children? Even if they're cute and biddable now, they WILL grow into monstrous hormonal teenagers, slamming doors and playing loud music (or what passes for music) at all hours - maybe you remember that stage? (or maybe you were lucky with your son!)

And what if your health deteriorates and you need care, either at home or residential? The short term pressures may prove very difficult, eg if you're incontinent who's going to be washing your sheets?

Also a key question, is this son your only child?

sile001

Hi Sue it's early days yet - they're just getting sorted re bank accts etc. I feel a bit overwhelmed after living alone (and I'm quite a quiet person). I do have reservations about the signing over business else I wouldn't ask. I've been onto mortgage provider etc, and am due to see DSS people re council tax etc. My main fear is that they may need to move and therefore sell up - and where would I be? I have a daughter and grandsons in town as well but I want a modicum of privacy.