Quizzes & Puzzles1 min ago
Hi , I Own My Home And Intend That After I Die My Disabled Son Should Be Allowed To Live In It
Then it should pas to his nieces and nephews . I am now worrying that should I become unable to look after myself and my son I would be forced to sell up to pay for my care . Can anyone please give me an answer ?
Answers
LINCARE what may be more difficult, even possibly impossible is ensuring that his nieces and nephews can inherit. I am thinking that he might need care in his turn and unless he has a dependent living in the house, then the house could be included in his financial assessment. I am not sure if this is right but possibly putting the house in trust for your...
16:57 Fri 04th Apr 2014
Under the plans which are scheduled for introduction in 2016, "for people entering a care home, their property will not be included in the assessment of assets if a partner or dependent still lives in the home":
https:/ /www.go v.uk/go vernmen t/news/ new-fai rer-cap ped-fun ding-sy stem-to -help-e veryone -plan-f or-the- cost-of -care
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LINCARE what may be more difficult, even possibly impossible is ensuring that his nieces and nephews can inherit. I am thinking that he might need care in his turn and unless he has a dependent living in the house, then the house could be included in his financial assessment.
I am not sure if this is right but possibly putting the house in trust for your grandchildren with a lifetime interest in your son might do it but I am not a legal beagle and you will need proper advice.
I am not sure if this is right but possibly putting the house in trust for your grandchildren with a lifetime interest in your son might do it but I am not a legal beagle and you will need proper advice.
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