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Help Needed On Avoiding Care Fees

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Sorry if there is already a thread on this but I couldn't find it.
My dad passed away last year leaving my 73 yr old mum in their mortgage free house. She is now terrified that, if, God forbid, she needs to go into care at some stage, the State will take her house to pay the fees and I won't get my "inheritance"
This is becoming a major issue for her. She's read in a recent paper that that she could get me put onto the deeds as joint owner to remove this risk. Is this an option?
Any advice appreciated
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Comments

  • antenna
    antenna Posts: 1,776 Forumite
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    I refer the honorable MyRubyRed to the answer i gave some moments before.............mortgage the house and buy a porsche..........
    To be serious now.......something i am not known for........
    Please take legal advice......you cannot transfer the house to anyone so as to avoid paying for an elderly persons accomodation in a care home....unless it is 10 years before the person needs care when the transfer is made.......Speak to Citizens Advice,Pay a Lawyer for 1 hours advice,but DO NOT accept the first advice you get........best of luck.....
    Political?....I dont do Political....well,not much!
  • antenna
    antenna Posts: 1,776 Forumite
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    Advice for anyone who has two parents jointly owning a house....the house should be owned by them as Tenants In Common.....that way when the first person passes away they leave their half of the house to who they choose...this leaves only half the value of the house to the remaining parent.......a valueable tax saving and money protecting practice.........
    Political?....I dont do Political....well,not much!
  • tanith
    tanith Posts: 8,091 Forumite
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    Sorry but if your Mum has the means to pay should she need to go into a care home then why should she not pay for that care? Do you both really think that the money should come from tax payers when she has the means to pay for it ? Would you not rather your mother was taken care of properly and pay the fees in a nice nursing home, than shoved into some low grade (and some of them are very low) old peoples home just so you could get your 'inheritance'. :eek:
    #6 of the SKI-ers Club :j

    "All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke
  • A_Nice_Englishman
    Options
    Either

    (a) Tell your mother that you want her to use the value of her house to pay for whatever care she may need and not to worry about leaving you a legacy.

    or

    (b) Provide the care yourself, either in her home or yours


    I've told my parents (a)
  • antenna
    antenna Posts: 1,776 Forumite
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    tanith wrote: »
    Sorry but if your Mum has the means to pay should she need to go into a care home then why should she not pay for that care? Do you both really think that the money should come from tax payers when she has the means to pay for it ? Would you not rather your mother was taken care of properly and pay the fees in a nice nursing home, than shoved into some low grade (and some of them are very low) old peoples home just so you could get your 'inheritance'. :eek:
    Obviously your parents live or lived in a council house................
    Political?....I dont do Political....well,not much!
  • antenna
    antenna Posts: 1,776 Forumite
    First Anniversary Combo Breaker First Post
    Options
    Either

    (a) Tell your mother that you want her to use the value of her house to pay for whatever care she may need and not to worry about leaving you a legacy.

    or

    (b) Provide the care yourself, either in her home or yours


    I've told my parents (a)
    Your byline reads....A Serious MoneySaving Fan.......does this only apply to you............cant your parents save money also?................
    Political?....I dont do Political....well,not much!
  • tanith
    tanith Posts: 8,091 Forumite
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    antenna wrote: »
    Obviously your parents live or lived in a council house................


    Would you care to enlighten me as to how that remark is relevent?
    #6 of the SKI-ers Club :j

    "All that is necessary for evil to triumph is for good men to do nothing" Edmund Burke
  • A_Nice_Englishman
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    antenna wrote: »
    Your byline reads....A Serious MoneySaving Fan.......does this only apply to you............cant your parents save money also?................

    My parents HAVE saved money all their lives. I'm just saying that when/if the time comes I'd rather they spent it on the best care they can get rather than worrying about leaving me a legacy and accepting whatever care the state decides they should have.

    My grandmother died earlier this year and left me and the other grandchildren a small legacy. She spent the rest on the fees for a lovely residential home in which she was very comfortable and happy during the last few years of her life. I don't begrudge a penny of it. I would feel guilty if she had gone for the cheapest just so we got a few grand more.
  • antenna
    antenna Posts: 1,776 Forumite
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    I am sure Martin Lewis would advise anyone in the thread starters position to try to mitigate their exposure to paying care home fees in a Legal way.or to paying to much income tax if you do not need to..............Perhaps the original poster should not have put....How Can I Aviod Paying Care Home Fees.........but....what is the most MoneySaving way to save my mum money on care home fees..........as a non smoker i think the government should put at least another 5 pounds tax on cigarettes,and gas guzzler car drivers should pay a further 2 thousand pound vat on the purchase price of their car.....as you see,i dont smoke or drive a gas guzzler,so i have nothing to lose.....and it makes me look good.....i am off now to polish my halo......
    Political?....I dont do Political....well,not much!
  • antenna
    antenna Posts: 1,776 Forumite
    First Anniversary Combo Breaker First Post
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    My parents HAVE saved money all their lives. I'm just saying that when/if the time comes I'd rather they spent it on the best care they can get rather than worrying about leaving me a legacy and accepting whatever care the state decides they should have.

    My grandmother died earlier this year and left me and the other grandchildren a small legacy. She spent the rest on the fees for a lovely residential home in which she was very comfortable and happy during the last few years of her life. I don't begrudge a penny of it. I would feel guilty if she had gone for the cheapest just so we got a few grand more.
    I agree with you 100%...........but if anybody wants to ask if anyone can help them save money legally,inheritance or not,i would expect a fair and decent reply,not a berating for trying to rob the taxpayer...........until this government gets tough on illegal immigrants,lying asylum seekers,unemployed benefit claiming polish visitors (yes,there is at least 5000 at the last count) and Human rights cash claiming activists......i will have no time for the great unwashed telling me to pay my full share of any payments i can legally avoid
    Political?....I dont do Political....well,not much!
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