Transfer of Equity?

Flugelhorn

just thinking about LA funded homes - as a GP I end up a variety of residential and nursing homes. There are 2 LA homes locally (residential NOT nursing) that I feel are absolutely the best - good staff with continuity and they have a clue what is going on! Some of the private ones seem to have different staff each time I go - was in one the other day and none of the staff could find the code to let me out of the front door.. apparently it had been changed and no one has passed the new one on.

troubleinparadise

Flugelhorn - you are right that there are some very good LA homes, just as there some poor expensive/corporate care homes which one might assume would be good but which have fallen short of required standards.

And there are LA funded residents sitting alongside self-funders receiving the same care (although not always the same type of bedroom) in some homes.

I suspect it often comes down to the standards of the staff employed, and sadly a change can mean a previously good home fails its residents.

For myself, if I could afford it, I would like to have the opportunity to make a choice for myself (or my attorney if that is how things are then), not have to be reliant on funding, for my care.

Toddy_Senior

pollypenny wrote: »

There is no 'greedy, grasping government': only other tax payers like us.

What you want is for us to pay for your son to inherit. No thanks. I'll happily pay for someone in need, otherwise I'll pay for myself.

Hi Polly, having worked hard for the past 44 years until my retirement last December, I estimate that my income tax and national insurance contributions during that period were in excess of £300,000. I've hardly used the NHS and haven't been to jail so, to date, I don't believe you've helped me one iota. I'm not looking for people like you to pay for my potential care home costs, I'm simply dissatisfied with successive governments which take so much and give so little. Are you, for example, happy with a government which cuts police, army and NHS numbers by 20% but fails to do the same with its MP's and Lords? Having bought our house and paid off all our debts, why can't my wife and I pass on to our son a reasonable sum of money (£50,000, say)? I have nothing against care homes. My mum recently died in a very nice care home, having suffered from demetia for the past 12 years. We visited her each week but her fees were paid entirely by the local council because my mum and dad lived in a council house for the whole of their married life (56 years). My wife and I have saved hard to buy our own house but in future we may have to use it to pay for potential care home fees instead of being able to help our only son who, by the way, expects nothing from us. You of course feel this is entirely right but I find that your submissive acceptance of the way things are is disappointing. Do something useful Polly and put the kettle on.............!

geoffky

You want your cake and eat it...Ps house price inflation has got you where you are..And not hard work...

harrys_dad

Toddy_Senior wrote: »

Hi Polly, having worked hard for the past 44 years until my retirement last December, I estimate that my income tax and national insurance contributions during that period were in excess of £300,000. I've hardly used the NHS and haven't been to jail so, to date, I don't believe you've helped me one iota. I'm not looking for people like you to pay for my potential care home costs, I'm simply dissatisfied with successive governments which take so much and give so little. Are you, for example, happy with a government which cuts police, army and NHS numbers by 20% but fails to do the same with its MP's and Lords? Having bought our house and paid off all our debts, why can't my wife and I pass on to our son a reasonable sum of money (£50,000, say)? I have nothing against care homes. My mum recently died in a very nice care home, having suffered from demetia for the past 12 years. We visited her each week but her fees were paid entirely by the local council because my mum and dad lived in a council house for the whole of their married life (56 years). My wife and I have saved hard to buy our own house but in future we may have to use it to pay for potential care home fees instead of being able to help our only son who, by the way, expects nothing from us. You of course feel this is entirely right but I find that your submissive acceptance of the way things are is disappointing. Do something useful Polly and put the kettle on.............!

As you are a newbie I will follow MSE guidelines and be especially nice, so I won't say what I am thinking.

margaretclare

I am afraid that I agree with pollypenny and I deplore your demeaning and insulting comment 'do something useful, go and put the kettle on'.

You are talking to people who, like you, have paid into the system over many years. DH and I each have a full working record and have paid tax for 60 years now - yes, we're still paying it in retirement. You claim to have had nothing out of the system. You have an only son - who paid for maternity care, his education and his health-care while he was growing up? You've 'hardly used the NHS'. Well, bully for you. I can't say the same, I've used both the NHS and the private sector, and I hold up my hand also to having been paid a student grant (in the days when such things existed). You can't assume that someone 'is submissive' to the present political situation - some of us are involved in politics to a greater or lesser extent. I'd rather do that than the kind of thing that you want to do - which is probably not possible anyway. Look up 'deliberate deprivation of assets'.

You say your son expects nothing from you. Good for him. DH and I never inherited one penny-piece from earlier generations. Like you, we've been the first generation to own our own property, the first to do many things which were inconceivable to working-class people in an earlier age. I've been helping my eldest GD recently because that is far more use to her now when she needs it, than in the future from my will.

peachyprice

Toddy_Senior wrote: »

Hi Polly, having worked hard for the past 44 years until my retirement last December, I estimate that my income tax and national insurance contributions during that period were in excess of £300,000. I've hardly used the NHS and haven't been to jail so, to date, I don't believe you've helped me one iota. I'm not looking for people like you to pay for my potential care home costs, I'm simply dissatisfied with successive governments which take so much and give so little. Are you, for example, happy with a government which cuts police, army and NHS numbers by 20% but fails to do the same with its MP's and Lords? Having bought our house and paid off all our debts, why can't my wife and I pass on to our son a reasonable sum of money (£50,000, say)? I have nothing against care homes. My mum recently died in a very nice care home, having suffered from demetia for the past 12 years. We visited her each week but her fees were paid entirely by the local council because my mum and dad lived in a council house for the whole of their married life (56 years). My wife and I have saved hard to buy our own house but in future we may have to use it to pay for potential care home fees instead of being able to help our only son who, by the way, expects nothing from us. You of course feel this is entirely right but I find that your submissive acceptance of the way things are is disappointing. Do something useful Polly and put the kettle on.............!

May I just ask? Who was it who footed the bill for bringing your precious son into the word, who educated him, who vaccinated him, who paid is child benefit? I think you had your £300,000 worth right there.

Who is paying your state pension, and more wonderously where did you get this guarantee of good health in your latter years that means you'll never need the NHS, because I'm sure we'll all sign up for that one.

harrys_dad

It is hard being "especially nice" to an opinionated, insulting to other posters, arrogant newbie isn't it

pollypenny

Toddy_Senior wrote: »

Hi Polly, having worked hard for the past 44 years until my retirement last December, I estimate that my income tax and national insurance contributions during that period were in excess of £300,000. I've hardly used the NHS and haven't been to jail so, to date, I don't believe you've helped me one iota. I'm not looking for people like you to pay for my potential care home costs, I'm simply dissatisfied with successive governments which take so much and give so little. Are you, for example, happy with a government which cuts police, army and NHS numbers by 20% but fails to do the same with its MP's and Lords? Having bought our house and paid off all our debts, why can't my wife and I pass on to our son a reasonable sum of money (£50,000, say)? I have nothing against care homes. My mum recently died in a very nice care home, having suffered from demetia for the past 12 years. We visited her each week but her fees were paid entirely by the local council because my mum and dad lived in a council house for the whole of their married life (56 years). My wife and I have saved hard to buy our own house but in future we may have to use it to pay for potential care home fees instead of being able to help our only son who, by the way, expects nothing from us. You of course feel this is entirely right but I find that your submissive acceptance of the way things are is disappointing. Do something useful Polly and put the kettle on.............!

Do you think you are alone in working all your life and paying tax and NHI?

Do you think you are alone in saving hard for your house and may have to use it to fund your care? Who should fund your care, then?

Ironically, I haven't made much use of the health service. Born in 1947, I owe my life to Great Ormond Street Hospital, termed on my card as 'This hospital is for the poor only.'

My two may inherit, if there is anything left. If not, tough!

meer53

Toddy Senior, you won't get much sympathy here for your plans.

If you want to give your son £50k, why not give him it now ?