Gifts & Deprivation of assets

Pollycat

APMASON said:

poppy10_2 said:

Would almost certainly get clawed back if they need to go into a care home in the next few years 

They are not likely to need to in next couple of years and they have enough income/savings to cover any fees for a year or 2 if it happens, i read somewhere on here that they only look back for 2 years, so even if they were to go into care imminently it would have been 4 years since the sale of the house when they would be looking to claim assistance, as i believe the lower limit for savings is 22k before you can receive assistance towards the care home fees.

Maybe spending the gift is the best option as if it is sat there in an account it will be much more obvious for claw back ;-)

You can't know that.
My Dad was fine at Christmas, by Easter he couldn't recognise anyone except Mum, his daughters and grandchildren. Not even my husband of 25+ years.
He went into a care home in July.