Cost Of Putting Mum Into A Home

[janome]

My mother has 24,500 savings just over the limit of 23,250 .
Will they take all her money to pay the home fees or do they take too a certain
Amount, looked on several sites but not sure how they work it out .
Thank you

[Tilly2]

No they won't take all her money. She will have to pay the fees with the money she has.

[Tilly2]

She will pay monthly for her fees and her capital will reduce as time goes on.

[Gizmonster]

Why doesn't she splash out on a "necessity" and take her savings below the threshold ??

[Tilly2]

Even below the threshold, you have to pay towards the fees until the capital get down to something like thirteen thousand. My dad is between the two figures and has to pay over £1000 per month towards his fees.

[JonnyBoy12]

I will very kindly relieve of the excess £1,250 out of the kindness of my heart without asking anything in return.

Isn't that good of me?

[ubasses]

http://www.carehome.co.uk/fees/feesadvice.cfm
Have a look at above, it should be helpful.

[scraggy55]

I work in Social Care. First of all, it depends on the local authority you live in what the thresholds are, e.g. where I work the threshold is 23,500. Therefore if a person has 30,000 in savings they would be expected to pay for their own care in the care home until there savings are close the 23,500 figure. They would then be assessed by Adult Social Services to see whether they would be eligible for a contribution from the local authority towards their care. It largely depends on the Borough, and what their eligibility criteria is for Adult Social Services. I presume you have been in touch with her local Social Services and asked how it operates? The only issue might be, if your Mum is in a home and then get assessed by Social Services, if they are going to contribute, they may have some say in the Home she is in - which might not be the one you have previously chosen for her. In these circumstances, some families pay some of the fees to help their family member stay in the home they are in, this it called a top-up. Speak to Mum's Adult Social Services who should have Advisors who can help you.

[scraggy55]

Also, I would be very careful about her savings suddenly disappearing. Social Services are very good at finding out where people's money has gone. They will also check the land registry to see what people own. I know of people who have told SS they don't own their own home, but that a family member owns it, and then have been caught out. The same applies to savings and other assets. As you can imagine they check very thoroughly as far as finances are concerned so be very aware of that.