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Nursing home and finance
I need some advice. My parents have joint accounts and house is in joint names. We have been told that my father needs palliative care in a nursing home. Is my mother ok to move some money from her joint account to a sole account? Obviously not all, we want my father to have his care.
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Your mother wants to move money from her joint account to her sole account? To what purpose?
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I havent said she wants to, I am wondering but how safe funds are for herself and getting by day to day
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If your Father ( or the family ) is paying for his own care, then nobody is really interested in the details of his finances. Only if you want the local authority to pay, do they then get interested and looking for any unusual transactions that could be seen as Deprivation of Assets.
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My experience of local authority finance investigations is that they assume money in a joint account is a 50/50 split. Moreover if dad is the one funding the joint account (via pensions etc) that's fine too because it's assumed that his money needs to help support mom (in a traditional sense of men looking after their wives financially).
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Has consideration being given as to whether he is eligible for full CHC funding?
All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0 -
Thanks all . This matter is resolved .
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Do you feel able to post any information about how it was resolved, in case it can help people with a similar question in future?
All shall be well, and all shall be well, and all manner of things shall be well.
Pedant alert - it's could have, not could of.0
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