can we avoid care home charges

74jax

pukkamum wrote: »

Oh 74jax I wasn't referring to your post I was referring to the OP x

Ah ok, sorry just 'cos your reply was under mine

No problems. The order of replies can get confusing at times.

pukkamum

74jax wrote: »

Ah ok, sorry just 'cos your reply was under mine

No problems. The order of replies can get confusing at times.

Yes I know I now quote a post if commenting on that rather than the OP lots do it's easier then x

spaniel_dog

thanks for these kind words 74jax our daughters have said very same thing to us, this thought was one of the various alternatives we are looking at including equity release, to put the value in this house we have renovated and lived in for 40 years, to good use in our lifetime, I dont believe there is anything wrong in protecting what we have both worked hard for and we would get same level care if we hold assets or not. Back to my deep thoughts.

Grumpygit

TonyMMM wrote: »

She may want to check that advice again .....

Having PoA will certainly make it easier for the children to sell the home (if she is physically/mentally unable) , but will not remove the proceeds from her assets that can be used to fund her care.

Yes, sorry I had forgotten the part that it really only covers being mentally incapable and not just because she is old and infirm and can't look after herself!

I will amend my post to that effect.

pollypenny

spaniel_dog wrote: »

because I dont like to think what little inheritance I have left for my girls would be taken by the state for care that should be provided from all my 51 years of paying into the system

'The state' is us all, every single person who pays tax and NI all their working lives, and tax on their pensions for many of us.

Why the heck should I pay, and others like me, for your care so that 'your girls' can inherit.

Maybe the best why to ensure that they inherit is to discuss with them whether they will look after you. It might mean them giving up their jobs, though.

Person_one

spaniel_dog wrote: »

we would get same level care if we hold assets or not

Technically, yes.

The reality is that there are huge differences between care providers/care homes and being able to choose your own rather than take what you're given is worth more than any amount of inheritance!

These are your final years we're talking about, after all.

74jax

spaniel_dog wrote: »

thanks for these kind words 74jax our daughters have said very same thing to us, this thought was one of the various alternatives we are looking at including equity release, to put the value in this house we have renovated and lived in for 40 years, to good use in our lifetime, I dont believe there is anything wrong in protecting what we have both worked hard for and we would get same level care if we hold assets or not. Back to my deep thoughts.

That's ok, its a subject which for obvious reasons, I hold very dear.

My parents too have only ever had that 1 house, bought for 1k and paid for by my Dads hard graft. My brother was born in the house 55 years ago. But it is bricks and mortor. Not family.

I would check the level of care out though. The BUPA care home my parents go to weekly only has 2 beds funded by the government and the occupants of that room get moved around the other carehomes. It may just be the area my parents live in that does that though.

My parents won't sell up and move nearer me or my brother but my Dad comes and stays with me for respite.

I understand your views on wanting to protect what is yours, I truly do. But remember it will be used for YOU. Not taken off you never to be seen again - that may help ease things?

Could you buy a larger property with one of your children, so they can offer you full time care if the need arises?

pukkamum

spaniel_dog wrote: »

thanks for these kind words 74jax our daughters have said very same thing to us, this thought was one of the various alternatives we are looking at including equity release, to put the value in this house we have renovated and lived in for 40 years, to good use in our lifetime, I dont believe there is anything wrong in protecting what we have both worked hard for and we would get same level care if we hold assets or not. Back to my deep thoughts.

And this is any different to someone choosing not to bother earn any money themselves because they'll get looked after by the state, or having tons of kids because the state will look after them.
Yes the level of care can differ but even if you find yourself one day sat next to someone who could never save for his old age because he was earning minimum wage and had a family to support and so gets his care free, you can tell yourself you aren't a scrounger.

ognum

Person_one wrote: »

Technically, yes.

The reality is that there are huge differences between care providers/care homes and being able to choose your own rather than take what you're given is worth more than any amount of inheritance!

These are your final years we're talking about, after all.

So true! Great post

spaniel_dog

FBaby wrote: »

How old are you? Are you receiving a pension? And care within the NHS? Your provision in the 51 years you contributed probably paid for all that and will continue to do so. Think of the next generation who are contributing as much as you, but most likely will not see a penny of it at all.

my age irrelevant, no I dont receive state pension I didnt qualify because I only paid what they called 'married womans stamp' I took out private pension very early in my working life, thankfully I have never needed to call on the state for any provision, so have taken nothing out but paid plenty in. I agree with paying for better care in the private sector if thats your choice but that should not be the case all care should be that better quality and only need to pay for the extras.