We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

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.

Comments

  • flaneurs_lobster
    flaneurs_lobster Posts: 10,047 Forumite
    Seventh Anniversary 1,000 Posts Photogenic Name Dropper

    Your mother wants to move money from her joint account to her sole account? To what purpose?

  • I havent said she wants to, I am wondering but how safe funds are for herself and getting by day to day

  • Albermarle
    Albermarle Posts: 31,210 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    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.

  • Brie
    Brie Posts: 16,780 Ambassador
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    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).

    I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe, Old Style Money Saving and Pensions boards.  If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.

    Click on this link for a Statement of Accounts that can be posted on the DebtFree Wannabe board:  https://lemonfool.co.uk/financecalculators/soa.php

    Check your state pension on: Check your State Pension forecast - GOV.UK

    "Never retract, never explain, never apologise; get things done and let them howl.”  Nellie McClung
    ⭐️🏅😇🏅🏅🏅🏅
  • elsien
    elsien Posts: 37,544 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    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.
  • Thanks all . This matter is resolved .

  • elsien
    elsien Posts: 37,544 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic

    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.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.3K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.