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Using power of attorney

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Comments

  • Mojisola wrote: »
    It would mean that the level that entitles the person to financial support from the council would be reached sooner.
    Good point!
  • Savvy_Sue
    Savvy_Sue Posts: 47,829 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Well, if Mother ever has capacity these days, even if not for financial decisions, it's something she might be able to give some input into. If not explicitly, then discussion of favourites pieces of music, poetry etc.

    Plus it gives her attorney peace of mind, knowing that that's one thing taken care of, and that money doesn't have to put set aside for the funeral at a later date.

    Because the very worst time to be planning a funeral from scratch without having given it any thought in advance is just after someone's died.
    Signature removed for peace of mind
  • 74jax
    74jax Posts: 7,930 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Is the main reason for the gifting to reduce her money so LA had to pay? I'm confused, why do this? Had she given money away before? Did she want to?

    I speak as someone who has POA for mum, who self funds, not all care homes give the same level of care, it's best to find what you can afford and be thankful she has provisions to pay for it.
    Forty and fabulous, well that's what my cards say....
  • dzug1
    dzug1 Posts: 13,535 Forumite
    10,000 Posts Combo Breaker
    Fair enough but what real benefit would there be in buying a funeral plan in the circumstances?


    It means that the executor doesn't have to stump up a fair sum of money to claim from the estate at a later date and that at least some of the decisions about the funeral have been made.
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