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Going into a care home makes no difference to the rule at all, although it may be treated as deprivation of assets if the giver has given substantial amounts away effectively avoiding care fees.0
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Correct. That is what I said.
SamI'm a retired IFA who specialised for many years in Inheritance Tax, Wills and Trusts. I cannot offer advice now, but my comments here and on Legal Beagles as Sam101 are just meant to be helpful. Do ask questions from the Members who are here to help.0
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