Care homes and money
Discussion
This is a question on behalf of my mother really. But any advice is much appreciated.
My dad is 85 with severe Alzheimer's and my mum who is 70 is struggling with him at home. And he will be going into a home I would expect on a permanent basis. We currently have carers coming in morning and night but they are sometimes more than useless.
They have Saving of around 70k put away and the house is paid for.
Is there anything she can do to stop the savings dwindling to very little as she is worried about having not much left to look after herself.
She has mentioned putting some of it away it in an account in my name or similar. But I can't see that would help as if just pay a load of tax on it.
I know the threshold is about £22k before you get some help for the local authority. The care home is around £900 a week.
My dad is 85 with severe Alzheimer's and my mum who is 70 is struggling with him at home. And he will be going into a home I would expect on a permanent basis. We currently have carers coming in morning and night but they are sometimes more than useless.
They have Saving of around 70k put away and the house is paid for.
Is there anything she can do to stop the savings dwindling to very little as she is worried about having not much left to look after herself.
She has mentioned putting some of it away it in an account in my name or similar. But I can't see that would help as if just pay a load of tax on it.
I know the threshold is about £22k before you get some help for the local authority. The care home is around £900 a week.
Thankyou for those answers, some interesting points I was not aware of, like the changes coming up in 2016, assuming they do.
I have looked at most of the care homes nearby, and there is a whole spectrum of difference. ranging from £500-1200 per week.
Some of the expensive ones, were made in old knocked through houses, with a massive "Lounge" of elderly dementia patients all groaning away in their chairs, This really shocked me and was a pretty horrific reality check! Its such a horrible disease, I wouldn't wish it on anyone. the others have been much better set ups, esp for dementia with Square corridors, that loop around so my Dad who likes a wander would end up in the same place over and over, little lounges with smaller groups of people.
How people work in them amazes me.
There is a cheaper option at £550 pw which is also the council one and I would say the 2nd best of all the 7 I visited. and it didn't smell. He stayed in the expensive one over christmas after an operation and he seemed content there from what my mum was saying.
An interesting point was that they only take 1/2 the savings in to account, basically I'm not after having everything transferred in to my name, but just want to make sure my mum has choice of a nice few years as well, without the pot dwindling down for just dad.
I'm not trying to avoid paying for everything, not that anyone has suggested this.
I have looked at most of the care homes nearby, and there is a whole spectrum of difference. ranging from £500-1200 per week.
Some of the expensive ones, were made in old knocked through houses, with a massive "Lounge" of elderly dementia patients all groaning away in their chairs, This really shocked me and was a pretty horrific reality check! Its such a horrible disease, I wouldn't wish it on anyone. the others have been much better set ups, esp for dementia with Square corridors, that loop around so my Dad who likes a wander would end up in the same place over and over, little lounges with smaller groups of people.
How people work in them amazes me.
There is a cheaper option at £550 pw which is also the council one and I would say the 2nd best of all the 7 I visited. and it didn't smell. He stayed in the expensive one over christmas after an operation and he seemed content there from what my mum was saying.
An interesting point was that they only take 1/2 the savings in to account, basically I'm not after having everything transferred in to my name, but just want to make sure my mum has choice of a nice few years as well, without the pot dwindling down for just dad.
I'm not trying to avoid paying for everything, not that anyone has suggested this.
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