maglil55
Expert
- Messages
- 6,550
- Type of diabetes
- Type 2
- Treatment type
- Tablets (oral)
My brother had a Power of Attorney in place for quire a few of us. His worry was my SIL never had to deal with anything and he didn't want her not being able to cope. He was also well organised with their home. He transferred 50% of the ownership to the children a long time ago. The rest remains with SIL. The 7 year rule your are thinking about applies to Inheritance Tax. There are rules surrounding it. For example, if you transfer the entire property and go on living there, you have to pay rent to the new "owner". In their case he only transferred part of the property, so no rent was payable. There's a lot more to it but that's what you're thinking about. The solicitor is quite correct, councils are a whole different ball game and they can pretty much set aside any arrangement to get their hands on property if you have to go into care.
My 105 year old neighbour ended up in that situation. Her family did a great job with care but she would not move in with them when she could no longer manage (that was after she was 104! She was amazing). She had to go into private care and her house had to be sold to cover the cost.
The other option is to get the "free" care at home that they boast about in Holyrood constantly - free care for everyone who needs it when they need it? There are just not enough carers and I know from experience it is nigh on impossible to get it. Both my first brother who died and my sister, couldn't get care at all. Goodness knows how we would have managed without MacMillan. In my sister's case we had to employ a nurse. We managed, with the help of MacMillan (and my niece's dogged persistence) to get carers for my last remaining brother but boy was it a battle. The carers themselves were brilliant and we were lucky to have the same ones right through.
It just makes me so angry at their boasts when the truth is totally different. My old neighbour summed it up when she said it seems there's not much point in bettering yourself.
Rant over!
My 105 year old neighbour ended up in that situation. Her family did a great job with care but she would not move in with them when she could no longer manage (that was after she was 104! She was amazing). She had to go into private care and her house had to be sold to cover the cost.
The other option is to get the "free" care at home that they boast about in Holyrood constantly - free care for everyone who needs it when they need it? There are just not enough carers and I know from experience it is nigh on impossible to get it. Both my first brother who died and my sister, couldn't get care at all. Goodness knows how we would have managed without MacMillan. In my sister's case we had to employ a nurse. We managed, with the help of MacMillan (and my niece's dogged persistence) to get carers for my last remaining brother but boy was it a battle. The carers themselves were brilliant and we were lucky to have the same ones right through.
It just makes me so angry at their boasts when the truth is totally different. My old neighbour summed it up when she said it seems there's not much point in bettering yourself.
Rant over!