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Declaration of Trust - Care home costs
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Its a shame if thats the case. They wanted to pass something down to the family rather than see the government claw back all there remaining assets.
OK... The care has to be paid for by somebody, either your grandfather's own assets or the council, yes...?
So for there to be "something to pass down" (ie maximise the inheritance), the council need to pay more towards the care than they otherwise would, yes?
And the council get the money they spend from...?
So, basically, can you see how taxpayers are subsidising this inheritance...?
An inheritance is the money somebody has left at the end of their life, once they've finished paying for the things their life requires. Like residential care, should their health require it.0
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