Paying care home fee's .

Torry_Quine

I really hope this isn't true but if it is there's only one way. You pay the costs. 
By depriving him of the assets you aren't behaving in his best interest which is what you must do as his attorney. 
I'm in Scotland by the way

fimacdoodle

I thought care homes were free in Scotland?  Unlike England. I could be wrong.
Or is that if folk have no assets...........

Stubod

....speechless....!!!!

comeandgo

You sound a lovely child, you want your dads final years to be frugal and skint while you live off his labour.  Can I suggest you visit a private home and then one that is financed by tax payers money and see which one you would prefer to stay.

p00hsticks

Torry_Quine said:

I really hope this isn't true but if it is there's only one way. You pay the costs.

There is another way if you're prepared to do it - which is to look after him yourself.

It's not something I'd recommend or be prepared to do myself in the circumstances, but neither am I expecting anyone else to pick up the bill if my parents need the best possible care at the end of their lives.

Keep_pedalling

Having looked at CHIP it would seem to be workable only if you owned a high value home with a high rental  potential to cover the gap between income and fees. The other downside is that you would be restricted to care homes run by Shaw’s partners so a loss of choice and location.

Moving your father’s money into you name is utterly wrong, and hiding that asset from a care financial assessment could land you in a heap of trouble, you could be charged with theft if found out.

If your father has this level of savings, why were you paying for house improvements? 

Torry_Quine

fimacdoodle said:

I thought care homes were free in Scotland?  Unlike England. I could be wrong.
Or is that if folk have no assets...........

Sadly wrong. People here use up savings and sell the home just the same. There is some funding but it covers nursing care but the bed and board aspect still needs payment.

theoretica

alfmurph said:

Let me say right up front this post is asking how we can keep our house inheritance and avoid care home fee's .
I think we are basically stuffed on all levels but i will ask anyway .
Father is 90 with moderate to severe dementia . I have power of attorney .
We live in scotland .
He is a very stubborn man and when i asked him ten or more years ago to sign house over to me he refused saying he would always be fit and healthy but now as he gets worse it is a toss up whether he needs a care home or not and i know he will only get worse .
My only two hopes to keep the house seem to be .
1 - When the house needed modernised with new central heating , double glazing etc i paid for this and then i gave him cash in hand to help pay his morgage but i have no receipts or ways of proving this .So is any part of house mine .
2 - i have heard of a charity called chips [ care home inheritance plan ] who say they will take over your home , rent it out , collect rent and pay maintenance fee's for 3 years but i do not know what happens after that .
My dad has arund £50k which i have taken out of his name and put in mine to hopefully shield it away  .
Any advice would be helpful please .

For general information, if he had signed the house over to you but continued to live there it would probably not have worked as you hope - and might have given rise to considerable tax disadvantages for you.

And no, of course giving him money without an agreement or anything doesn't mean you own part of his house.

Basically, all the rules and regulations are ganged up against you - you only inherit what your parents did not spend (through need or want) in their lifetime.

Savvy_Sue

theoretica said:

Basically, all the rules and regulations are ganged up against you - you only inherit what your parents did not spend (through need or want) in their lifetime.

And you only inherit what they didn't spend if they leave it to you in a will, or you inherit through intestacy.

I'm trying and failing to imagine my parents' reactions if any of us had asked them to sign their house over to us. I don't think that conversation would have ended well. I think one of them would have disinherited the asker. Stubborn? I don't think so.

kayleighali

Not sure if you have PoA, but nothing you are doing is in your father's best interest, purely your own. This will not be looked upon favourably by any Council when the financial assessment is completed. If you do not have PoA, then you shouldn't be doing anything at all and moving money out of your father's name could be deemed theft.

The rental company you mention will likely only allow part of the fees to be covered - average care home costs in Scotland are around £700 a week for basic care, and I mean basic. If you want your father to go into a home local to you or one that looks nicer it may be more. With his pensions and rental income will this be enough to cover? If not, where is the shortfall coming from? What happens if the council put a charge on the house for the remainder of the fees and your father outlives the time where the value of the house is gone? Could you be deemed liable for the additional costs as you made these decisions?