PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Mum gifting half of money from downsizing

Options
2»

Comments

  • teddysmum
    teddysmum Posts: 9,474 Forumite
    First Anniversary Combo Breaker First Post
    Options
    Another point is that at home care provided by LAs often falls short of what is needed (not enough time allocated) so having her own money means she can buy in extra, to make herself more comfortable.
  • Keep_pedalling
    Keep_pedalling Posts: 16,696 Forumite
    First Anniversary First Post Name Dropper Photogenic
    Options
    It sounds like you are already financially better off than her. She should hang on to all her assets, to make sure she can see out the latter part of her life in comfort. This includes the ability to chose when where she receives care should it be required.
  • lisyloo
    lisyloo Posts: 29,625 Forumite
    Name Dropper First Anniversary First Post
    Options
    teddysmum wrote: »
    Another point is that at home care provided by LAs often falls short of what is needed (not enough time allocated) so having her own money means she can buy in extra, to make herself more comfortable.

    I don!!!8217;t see how you can buy in extra care.
    Care homes have insurance and wouldn!!!8217;t let private carers into their premises due to liability issues.
    You can upgrade to a better home.
    You can buy hairdos, manicures etc to make life a bit better if you!!!8217;re confined to a chair/bed 24/7.

    You can buy extra help if you are in your own home.

    Most people do NOT end up in a care home I.e. die before they get to it.
  • elsien
    elsien Posts: 32,864 Forumite
    Name Dropper Photogenic First Anniversary First Post
    Options
    lisyloo wrote: »
    I don!!!8217;t see how you can buy in extra care.
    Care homes have insurance and wouldn!!!8217;t let private carers into their premises due to liability issues.
    You can upgrade to a better home.
    You can buy hairdos, manicures etc to make life a bit better if you!!!8217;re confined to a chair/bed 24/7.

    You can buy extra help if you are in your own home.

    Most people do NOT end up in a care home I.e. die before they get to it.

    People buy in someone to help them access the community and go out to activities if they are in one of the many homes where staff going out with people isn't an available option.
    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.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.5K Banking & Borrowing
  • 250.2K Reduce Debt & Boost Income
  • 449.9K Spending & Discounts
  • 235.6K Work, Benefits & Business
  • 608.5K Mortgages, Homes & Bills
  • 173.2K Life & Family
  • 248.2K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards